Cosalt Offshore News

NBGI Private Equity, investor in Aberdeen-based ATR Group, is acquiring the Aberdeen and Norway operations of Cosalt Offshore. The deal, due to complete later today, will reportedly stabilie the Cosalt business which has been through a difficult period in recent years, safeguard jobs and provide funding to capitalize on international growth opportunities. ATR chief executive, Keith Moorhouse, will lead the enlarged group. He said, “This deal will be welcomed by Cosalt’s staff, customers and suppliers as an end to a period of uncertainty. Cosalt has an excellent technical and operational reputation and is an integral part of the supply chain of many of the energy sector’s leading oil service companies and operators.

Cosalt Offshore has been awarded a contract with CNR International (UK) Limited. (CNR). The contract, which is for three years,comes with a two one year options and will see Cosalt Offshore provide CNR with lifting and mechanical handling support services on five  platforms – Tiffany, Ninian North, Central and South and Murchison. Cosalt Offshore is the incumbent provider of these services to CNR, but the new contract was won as the result of a competitive tender process. Rod Buchan…

Cosalt Offshore, which provides lifting, tooling and marine services to the oil & gas industry, has recently ordered a second 50-tonne spooling winch from ACE Winches as part of a major investment in equipment. The second winch, destined for Norway, was ordered following an increasingly high demand for the first, which has been in constant operation in the North Sea since its delivery in February 2011. The winch package is designed to carry 50 tonnes of wire rope or umbilical and complements Cosalt Offshore’s full range of quality lifting products for the energy industry.

Cosalt Offshore, a provider of lifting integrity management solutions and lifeboat and maritime services to the oil & gas and maritime industries, has achieved a milestone endorsement from the Maritime and Coastguard Agency. The company, which provides lifeboat services for several leading North Sea operators, has been approved by the Maritime and Coastguard Agency to provide essential Inspection & testing to the Maritime industry. It follows a major audit and inspection of the company's procedures, competence and in-house expertise, as well as the quality of reporting and documentation.

Cosalt Wind Energy has appointed Adrian Macklin as its new Operations Manager. With a proven track record in project and operational management, business development and distribution management, Adrian brings with him a wealth of experience in managing large teams of people within a wide distribution network. In his new role Adrian will be responsible for developing Cosalt's rapidly expanding team of wind turbine engineers and promoting a culture of service excellence. Working closely with customers…

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has invested more than $1.4m in developing its lifeboat division to underpin future expansion plans. The division is adjacent to Cosalt Offshore’s Bridge of Don premises and includes 3,000 sq ft of dedicated workshops, a service centre and store rooms, along with a one-acre yard. Along with the significant expenditure on infrastructure, Cosalt Offshore has also expanded the product…

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of Lisa Mitchell as commercial director. Mitchell has worked for the company since 2000, when it was GTC Group and then became Cosalt Offshore in 2007, following acquisition. Her previous roles included contracts manager and commercial manager. Mitchell, a Law and Management honors graduate from The Robert Gordon University and former pupil of Westhill Academy, worked at Conoco and Brown and Root before joining GTC Group.

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has appointed Colin Cunningham to help drive the growth of its expanding lifeboat business both in the UK and internationally. Cunningham will be General Manager of the new Lifeboat Division and will be based in Aberdeen. New recruit Colin Cunningham has extensive experience in the lifeboat sector and previously has had senior roles developing business in the UK and worldwide. Cosalt…