Company Updates

Enpro Subsea has been acquired by Hunting PLC. In a statement issued earlier, Hunting, the international energy services group, confirmed acquisition of one hundred percent of the issued share capital of Enpro Subsea and its subsidiaries in Norway, US and Ghana.

Trendsetter is thrilled to announce a significant safety milestone of reaching 1,000,000 consecutive working hours without a recordable incident. This achievement highlights the commitment to maintaining the outstanding HSE record Trendsetter has cultivated for over 20 years.

GenNx360 Capital Partners ("GenNx360"), a New York-based private equity firm, announces that its portfolio company, Subsea Global Solutions (SGS), a leading global commercial diving company, has acquired the commercial diving division of T&T Salvage Asia, Pte. Ltd. (TTSA). The acquisition will serve to enhance SGS' capabilities in Singapore and strengthen its leading position in the Asia-Pacific region.

The Subsea UK Awards is the most prestigious awards ceremony for the subsea sectors. These coveted awards highlight and celebrate the greatest companies and individuals in the industry.

Subsea UK would like to sincerely congratulate the winners and finalists, and thank the 600+ guests in attendance for helping make this year's awards such a spectacular and enjoyable evening.

The Subsea UK Awards took place on Wednesday, February 12, at P&J Live in Aberdeen.

Hosted by Subsea UK CEO Neil Gordon, and with guest speaker Kriss Akabusi, guests enjoyed a delicious three course meal and an evening of entertainment and celebration.

2 SUBWINNERS 034 1.jpgThe Subsea UK Awards 2020 Winners

Innovation & Technology            Young Emerging Talent           Innovation for Safety
                                                             Etteke Roebroeks
             ROVCO                                  Fugro GB (North)                         TechnipFMC

Best Small Company                  Company of the Year               Outstanding Contribution
                                                                                                                 Dr. Tony Trapp MBE
KW Designed Solutions                      Enpro Subsea                                      OSBIT
                                                                                                                         

Penspen has developed THEIA in partnership with QiO Technologies as an environment for pipeline operators across the world to access Penspen’s leading expertise in defect assessment and asset integrity management. The project is part of the company’s ongoing commitment to the digital transformation of its services.

Optime with its headquarters in Notodden, Norway, and location in Houston, TX, USA is known as a fast developing global subsea system provider, with its key competence in oil and gas subsea intervention and controls. As a result of their increased revenue and customer base, Optime has developed its competence, as well as products and systems, to include topside equipment interfacing to its subsea systems.

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