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…
Urgent Need to Cut Costs in UK North Sea
Britain's North Sea oil and gas industry faces a bleak future where more fields are likely to become uneconomic and shut in as platforms close - unless costs can be controlled, operators say. For some elderly platforms in the Northern North Sea, time is running out. If the industry does not get to grips with costs quickly, fresh investment is likely to dry up, forcing unsaleable rusting rigs to be abandoned. "From a cost point of view, the chickens are coming home to roost," said Tim Walsh, senior vice president, asset integrity services at Lloyd's Register Energy.
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.
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.
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…
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…
Class Clash: DNV, GL to Merge
The ever changing face of ship classification has received perhaps its biggest makeover yet, with the announcement this morning (December 20, 2012) that Norway’s Det Norke Veritas (DNV) and Germany’s Germanischer Lloyd (GL) have signed a deal to merge. While the deal is termed a merger, considering that the DNV Foundation will hold 63.5 %, and GL’s owner Mayfair SE will hold 36.5%, and the fact that the new company, to be called DNV GL Group with a combined turnover of approximately $3.3 billion…
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.
MISC awards BV contract for Veristar AIM3D
Bureau Veritas (BV) has been awarded a contract by MISC Berhad (MISC) to deploy and support the VeristarAIM3D ‘software as a solution’ system to provide asset integrity services on selected MISC FPS systems:the Floating Storage & Offloading (FSO) vessel -FSO Benchama 2and the Floating Production, Storage & Offloading (FPSO) vessels - MaMPU1 and FPSO Cendor. Veristar AIM3D is BV’s sophisticated, full life-cycle Asset Integrity Management System, developed in partnership with Dassault Systèmes.