Valkyrie Commissioning Services News

Mechanical engineering group, EnerMech, has ring fenced more than $65 million (£40 million) to launch a major expansion in to the USA, as it seeks to replicate  growth in Europe and the eastern hemisphere. Up to $15 million (£9.5 million) will be invested in new Process, Pipeline and Umbilical (PPU) equipment with another $50 million (£31.5 million) set aside for strategic acquisitions allied to its other service lines and to build upon the existing USA business, EnerMech announced at OTC in Houston this week.

Valkyrie Commissioning Services Inc. (VCS) has announced the development of its Subsea Pipeline Commissioning System (SPCS) technology, and has concurrently filed for United States Government Patent Protection to safeguard its innovation and its various components. The technology, which is the result of the company’s internal research and development program over the past year, is expected to have a significant impact on the industry. The ROV-operated subsea system incorporates proven ROV and subsea technology, and is expected to reduce overall deepwater pipeline commissioning costs by as much as twenty-five percent. The SPCS process is designed to reduce project risks by increasing onsite installation efficiency, and reducing lay barge requirements.