GMG Acquires Fugro’s Trenching, Cable Laying Business
Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year secured vendor loan of $ 7.5 million. Fugro said it will realize a gain on this transaction, valued at approximately $73 million. GMG is a supplier of subsea cable installation and maintenance services in the telecoms, offshore renewables, power and oil and gas market segments. The…
ISO Endorsement for XPD8’s Quality Systems
Aberdeen-based XPD8 Solutions has achieved the internationally recognized ISO 9001 accreditation for quality management. XPD8, which specializes in the management of maintenance systems for oil and gas producing assets, undertook the assessment as a way of supporting future business growth and ensuring high standards throughout the business. ISO 9001 was assessed independently by Lloyds Register to criteria set globally by the International Organization for Standardization. This system of evaluation is being increasingly used across the oil and gas industry. XPD8 recently announced plans to increase its workforce with the creation of 18 new positions following the award of contracts worth more than £2million.
Lloyd’s Register Sets Its Sights Subsea
Eying a subsea sector rebound, Lloyd’s Register (LR) aims to bring its expertise to underwater operations in offshore oil and gas as well as wind farm power generation and submarine cable markets. The provider of integrity, compliance and specialist risk consulting services has launched Subsea Inspection Services, which it said will support underwater inspections of subsea pipelines, assets and facilities to energy companies operating offshore. Managed and coordinated in Aberdeen…
Stork Announces Two New Appointments
Stork Technical Services has appointed Dave Workman to the new position of Chief Operating Officer (COO) and Erik-Jan Bijvank as Senior Vice President (SVP) UK and Africa. Mr Workman and Mr Bijvank will both be based in Aberdeen, UK, which is the operational hub for the company’s upstream oil & gas business, and take on their respective roles with immediate effect. As COO, Mr Workman will oversee all operational matters and help drive Stork’s global growth plans across the company’s four key regions; UK & Africa, Continental Europe, MECAP (Middle East, Caspian, Asia-Pacific) and the Americas.
Stork Opens New Operations Facility
Stork Technical Services Subsea opens new operations facility. Stork Technical Services Subsea, the subsea division of the leading global provider of knowledge-based asset integrity services for the oil and gas, chemical and power sectors, today announces the opening of a dedicated operational hub at Stork’s UK headquarters in Aberdeen. Stork Subsea has invested more than £1million in the 15,0002ft facility which houses the company’s extensive fleet of dive intervention craft and technology…
Stork Technical Services Welcomes ‘Class of 2012’
Stork Technical Services, a global provider of knowledge-based asset integrity services for the oil and gas, chemical and power sectors, has welcomed the first intake of eight graduates for the company’s recently launched UK Graduate Training Program. The ‘Class of 2012’ graduates will take on roles in a number of divisions including HSSEQ, project management, technical engineering, finance and commercial. Stork received more than 100 applicants for the program, which was launched as part of the company’s aim to attract, develop and retain exceptional talent in the energy industry.
Aker Solutions Acquires I.D.E.A.S
Aker Solutions acquired UK specialist engineering company International Design Engineering And Services Ltd (I.D.E.A.S) to boost its asset integrity management services. Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that is designed to improve the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation, from design through construction, operation and life extension. "This technology strengthens our offering of asset integrity management services," said Tore Sjursen, head of Aker Solutions' maintenance and modifications business. "It can be used to predict the lifetime of an installation in a more effective manner.
ABS Group Signs on Elba LNG Project
ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG Project) near Savannah, Georgia. ABS Group will develop the maintenance and integrity programs for the base plant, balance of plant and the terminal upgrade. The full scope of ABS Group's services cover program development and execution, including project management, strategy development and business processes, asset register, mechanical integrity (MI), preventative maintenance development, spare parts and bill of materials, as well as data asset management services.
GL Noble Denton to Manage Premier Oil Asset Integrity
Premier Oil, the FTSE-250 oil and gas exploration and production company, has awarded a major asset integrity management contract to GL Noble Denton for the provision of asset integrity advice and inspection services across Premier Oil’s U.K. operated assets. The multimillion pound deal will include inspection management, risk analysis, examination support and nondestructive testing to a range of production and processing facilities. The contract, which was awarded following a competitive tender…
SPE Awards DNV GL For Its Contribution To Asset Integrity
DNV GL has been recognised by the Society of Petroleum Engineers (SPE) as the organisation that has contributed most to asset integrity in the Middle East at the 2014 SPE Asset Integrity Workshop entitled “Changing the Culture, Raising the Bar” held on 13-14 May in Abu Dhabi. "It is a great honor and a privilege to have been given this SPE award for the best ‘Company Contribution to Asset Integrity in the Middle East’. Asset integrity is in the DNA of DNV GL, and this award is proof of our Middle East team’s dedication to integrity excellence” said Moss Daemi…
New Integrated Solution for DP Reference Systems
Fusing its decades of experience within the development of in-house GNSS and inertial technology, Kongsberg has created a cutting-edge integrated solution for DP reference applications. DPS i2 and DPS i4 are fully scalable DP reference solutions that improve operational efficiency and safety for high-precision applications. The new integrated solution has been in operation aboard the OSV Bourbon Arctic in Northern Norway for the past six months. DPS i2 and DPS i4 utilize Kongsberg’s motion gyro compass (MGCTM) and motion reference unit (MRUTM) technology.
Aker Acquires Thrum Energy to Increase Atlantic Canada Footprint
Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. Thrum Energy is a St. John's, Newfoundland-based asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in Canada. Asset integrity management (AIM) in Aker Solutions includes maintenance engineering, integrity management and advanced inspection and monitoring solutions, spanning from early design throughout the lifetime of an asset…
Hess Denmark Renews Integrity Inspection Contract with DNV GL
Hess Denmark ApS has awarded a contract to DNV GL to provide asset integrity inspection management of its South Arne field including Risked Based Inspection (RBI) services and Non-Destructive Testing (NDT) inspection services. The contract continues an 18-year partnership between Hess and the leading technical advisor to the oil and gas industry. Oil export pipeline and offloading buoy. “DNV GL has been contracted to provide integrity inspection on the South Arne field since 1998.
ABS Forms Asset Performance Management Group
ABS, a provider of global maritime classification services, announced the formation of the Asset Performance Management Group (APMG). The new organization integrates several existing services into a single team focused on complete life cycle performance services that complement traditional classification services. "The future of classification requires ABS to work with our members and clients in a more collaborative, more efficient and less intrusive way," said ABS Chairman and CEO Christopher J. Wiernicki.
LR Acquires Capstone Engineering
Lloyd’s Register Americas, Inc. has acquired Capstone Engineering Services, Inc. and Capstone Software Systems, Inc. The acquisition will be renamed Lloyd’s Register Capstone, Inc. and will strengthen the Lloyd’s Register Group’s integrity services business and provide its oil and gas business with a broader base in the Americas. With the addition of Capstone software, RBMI, the Lloyd’s Register Group strengthens its position by enhancing its world-class, risk and asset management services, and its client-focused, software solutions. Capstone, a Houston-based company, has been helping clients improve process plant reliability and equipment integrity by providing a set of integrated consulting services and the most comprehensive risk-based inspection (RBI) software on the market.
AVEVA Expands Services for Owner Operators
AVEVA announced that it is opening a new Center of Excellence for Operations Integrity Management Solutions for Owner Operators (OOs) in the oil and gas, process plant and power industries. The new facility, based in Stavanger, offers global OOs and Duty Holder EPCs software solutions to create and maintain their Digital Assets. The Digital Asset approach is helping these customers to manage complex facilities to save on cost while delivering a safer and more efficient operating asset.
Middle East's Ageing Structures a Challenge - DNV GL
Collaboration is Key to tackling Middle East's ageing structures challenge say DNV GL. The Middle East faces a substantial challenge to ensure hundreds of ageing offshore oil and gas structures operate safely beyond original design life. Constraining operational expenditure (opex) is vital to economically viable operations, according to Anupam Ghosal, newly appointed regional manager for Middle East and India, DNV GL - Oil & Gas. “Of the 700 to 800 fixed platforms and bridges in the region, we believe more than 70% are older than 25 years and some even exceed 40 years.
DNV Launches Synergi RBI Software
Managing onshore and offshore assets has previously demanded multiple risk-based inspection (RBI) software tools, increasing operator cost and reducing efficiency. With the new release of DNV Software’s Synergi Plant, which has integration with Synergi RBI, operators can use one complete quantitative risk assessment system, moving from subjective to objective decision making and from preventive to predictive maintenance. DNV Software is now launching the new Synergi Plant, bringing RBI software to a new level, where integrity management of process plants and offshore topsides can be achieved by one complete and integrated solution through integration with Synergi RBI Onshore and Synergi RBI Offshore.
ABS Expands in Offshore Markets with AIM Service
ABS Group has announced the release of a new offshore Asset Integrity Management (AIM) service focused on driving operational reliability, efficiency and profitability for asset owners and operators. The AIM services are delivered by a newly dedicated offshore business division using a pragmatic Return on Investment (ROI) centric approach. The unique and proprietary AIM methodology and tools, which include specific offerings from strategic partner American Bureau of Shipping, provide companies with the possibility and resources to improve production uptime while simultaneously reducing OPEX costs. These AIM services and tools address Structural and Mechanical Integrity…
Stork Nets Contract Extension
Stork Technical Services heralds rebrand of RBG with multi-million pound contract extension. Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the chemical, oil and gas and power sectors, today announces its rebrand of the RBG group, following the company’s acquisition in May 2011. The rebranding takes place on the same day that the group unveils a £25million pound two-year contract extension with a major North Sea operator that will generate around 30 new offshore positions in 2012.
ABS Assesses Offshore Asset Cybersecurity
Increased Internet and remote connectivity to offshore assets has exposed industrial control systems to targeted attacks and vulnerabilities previously obscured. Remote monitoring, remote upgrades, Internet connections and the complexity/criticality of the systems in general on Drillships, FPSO’s, Semisubmersibles and other highly valuable assets potentially facilitate targeted attacks and cyber assaults on Dynamic Positioning, Drilling Control, BOP and other control systems. ABS Group is directly responding to these threats by offering standards based security assessments specifically for newbuilds, operating assets and retiring assets, performed by certified security practitioners with offshore experience.
Xodus, Green Marine Partner on Offshore Renewables
Xodus Group and Green Marine are partnering to provide an integrated service for the maintenance of offshore renewable assets. The partners will utilise Xodus’ integrity management software XAMIN to capture and monitor live data from offshore marine assets, while Green Marine will offer physical offshore inspection and repair services. The one-stop solution aims to streamline an asset’s performance, providing efficiencies and preventing downtime, in particular targeting offshore wind, tidal and wave energy devices, cabling and associated infrastructure.
Synergi Plant gets New Dashboard
Synergi Plant version 5.2, the latest DNV GL plant integrity software solution, has now been released. It includes a brand new user interface and several new modules including a flexible and powerful KPI and graphics dashboard. “The industry is looking for transparency of asset integrity conditions. With the new Synergi Plant dashboard this has become reality,” says Tommy Tang, Product Manager Plant Integrity Software at DNV GL. “Our brand new dashboard gives unprecedented flexibility and makes Synergi Plant unique in the market.