Company Updates

DeepOcean Brasil Servicos Ltda., a subsidiary of DeepOcean Group Holding BV (DeepOcean), announces the that company has been awarded a one year extension of contract for the provision of flexible repair and IMR services from Petróleo Brasileiro S.A. using the Deep Endeavour.

deependeavorDeep Endeavour is a multi-purpose subsea support construction and cable-lay vessel, with work class ROV, riser recovery and deployment system and more than 1,600m2 of deck space. Vessels track record includes ROV based subsea maintenance operations, saturation diving support, as well topsides construction support. Vessel has already proven her performance in the Brazilian Inspection, Maintenance and Repair (IMR) market, and will maintain her special capability for repairing flexible pipelines and electro hydraulic control umbilicals.

"DeepOcean has an extensive track record in providing IMR services for our oil and gas customers worldwide. We are pleased that Petrobras values our IMR services, and has extended the contract with DeepOcean. This award allows us to maintain our long term commitment to Brazilian subsea industry even in a strained global subsea business environment." Mads Bårdsen DeepOcean's EVP International comments..

Rodney McKechnieUnique Maritime Group (UMG), one of the world's leading integrated turnkey subsea and offshore solution providers announced today the appointment of Rodney Mckechnie (photo) as the Managing Director for Unique Hydra, its office based in South Africa.

Rodney is a seasoned executive with experience gained in international Fortune 100 companies across various industrial sectors including motor manufacturing, food and alcoholic beverages, electronics, white and brown goods and also the Public Sector. He has consistently built high performing teams utilizing effective communication, aggressive goal setting and implementation of operating mechanisms that yield significant improvement, consistency and predictability. These teams have consistently proven themselves to be world class amongst their peers, often benchmarked as best practice internationally. His winning methodology has been to have right people in the right roles so that they contribute in a positive way to the team and the customer experience while driving accountability, growth and profitability.

In addition to being a Chartered Accountant and financial specialist, Rodney's skills and experience include a class leading track record of achievement in terms of LEAN process optimization, project management, strategic business acumen and transformational execution in business value chain areas covering production, safety, quality, purchasing, inventory control, warehousing, sales, distribution and brand building.

On this occasion, Harry Gandhi, CEO @ Unique Maritime Group commented, "We are extremely delighted to welcome Rodney Mckechnie on board. He is immensely experienced in driving operational transformation in several complex and troubled organizations. We are confident that his substantial level of experience in operational planning will help boost Unique Hydra's profitable growth and overall performance."
Rodney Mckechnie asserted, "I am delighted to be offered an exciting operational role at Unique, a key player in the subsea and offshore industry sector. I hope to use my expertise to build a highly consistent, cohesive and performance-oriented team in order to yield significant improvements in growth and performance at Unique Hydra."

NEW-Industries-Logo2New Industries, Inc., a Morgan City, La.-based fabricator of subsea hardware, is pleased to announce that President Bill New and the business development team will attend the annual Subsea Tieback Forum & Exhibition (SSTB) as exhibitors. SSTB will be held the Ernest N. Morial Convention Center in New Orleans from March 3-5 2015.

As the largest global exhibition for the subsea engineering industry, SSTB attracts industry professionals, companies and regulators for three days of information exchange, networking and business development that has become crucial to improving all facets of the evolving industry.

New Industries, a first-time SSTB exhibitor, will be located in booth 1604, near the southeast corner of the convention center. New will be available for meetings throughout the duration of SSTB.

"We are looking forward to visiting with our existing customers and the opportunity to introduce ourselves, our products and our services to new customers," said New.

Attendees who wish to arrange a meeting or learn more about New Industries' capabilities are encouraged to call 985-385-6789 or visit

Glenlivetprojecttechnip-logo1Building on the previous award by Total E&P UK of the contract for the Edradour Subsea Development, located approximately 75 km North West of Shetlands in the UK waters, Technip has been awarded an additional scope for the parallel development of the Glenlivet field located nearby.

The Glenlivet specific scope includes:
fabrication and installation of 12" production pipeline and 6" MEG(1) pipeline complete with a 2" piggy backed service line,
supply and installation of steel tube umbilical, manufactured at Technip Umbilicals facility in Newcastle, UK,
supply and installation of flexible tails from Flexi France, the Group's manufacturing plant in Le Trait, France,
fabrication and installation of pipeline end manifold, flowline end terminations, flexible tails and rigid well tie-in spools, as well as the installation of CPI(2) templates and manifolds, rock dumping and pre-commissioning.

The Group will leverage its unique vertical position in the subsea business:
Technip's operating center in Oslo, Norway, will execute the project in full synergy with the previously awarded Edradour project.
Vessels from the Group fleet will perform the installation in the summer seasons of 2016 and 2017.
The pipelines will be fabricated at Technip's spool base at Evanton, UK, and installed by Technip's vessel Deep Energy.
Umbilicals will be manufactured at the new Technip umbilicals facility in Newcastle, UK.

Knut Boe, President North Sea Canada, stated: "It is very good to see the benefits of the synergies between these two projects being realized by Total's award of this extra scope to Technip."

(1)MEG: Mono-ethylene glycol, used to control hydrate formation in production fluids.
(2)CPI: Company Provided Item

BibbyOffshoreHoward-WoodcockBibby Offshore Holdings Limited ("Bibby Offshore" or the "Company"), a leading provider of subsea installation, inspection, repair and maintenance ("IRM") services to the offshore oil and gas industry, announces several Board changes as part of a reorganization of the Company's management team to reflect its ongoing growth.

Sir Michael Bibby will step down from the Board as Non-Executive Chairman of Bibby Offshore with effect from 20 February 2015 and be replaced by Mike Brown, who is currently Group Portfolio Director for Bibby Line Group. Sir Michael continues as Managing Director of Bibby Line Group. Mike was appointed as Group Portfolio Director in September 2014 in response to the increasing size and complexity of Bibby Line Group's businesses, including Bibby Offshore. A key responsibility of the Group Portfolio Director includes the Chairmanship of a number of Bibby Line Group's businesses. Mike has extensive experienced gained through senior roles with BOC Group, GKN, Serco and Rentokil-Initial; and most recently as a Managing Director at Interserve.

Neale Stewart is appointed with immediate effect to the newly created position of Chief Operating Officer (Assets and Services), from his previous role as Finance Director. As Chief Operating Officer (Assets and Services), Neale will be focused on the management and optimisation of our extensive global asset fleet and resource pool, which includes seven subsea support vessels and 17 remotely operated vessels.

Stuart Jackson will move to the role of Chief Financial Officer with immediate effect, expanding Stuart's responsibilities from his previous role as Strategy Director. Prior to joining the Company in 2014, Stuart held a number of roles in the energy sector during his 30 year career including as Chief Financial Officer of Acergy before its merger with Subsea 7 and, most recently, Chief Financial Officer at CEONA, the Goldman Sachs start-up venture in the offshore services sector.

In addition, Simon Featherstone, Chief Executive Officer of Bibby Financial Services, will be joining the Board as a Non-Executive Director from 20 February 2015; replacing Jon Haymer and Iain Speak. Gaurav Batra will continue as Bibby Line Group's other nominated Non-Executive Director for Bibby Offshore.

Howard Woodcock, (photo) Chief Executive of Bibby Offshore commented:

"The reorganization of our Board and management team is reflective of the success Bibby Offshore has experienced in recent years, both in the North Sea and internationally, and the need to ensure our business is best placed to continue to grow.

On behalf of the Board, I would like to thank everyone for their contribution to helping make Bibby Offshore the company it is today. We are now fully equipped to enter the next exciting phase of our growth and evolution, with a Board and management team that has invaluable expertise and deep industry insight."


The Board of Bibby Offshore is comprised of:

  • Howard Woodcock, Chief Executive (photo)
  • Stuart Jackson, Chief Financial Officer (previously Strategy Director)
  • Neale Stewart, Chief Operating Officer (Assets and Services) (previously Finance Director)
  • Fraser Moonie, Chief Operating Officer (East)
  • Mike Arnold, Chief Operating Officer (West)
  • Mike Brown, Non- Executive Chairman (Bibby Line Group appointment)
  • Gaurav Batra, Non-Executive Director (Bibby Line Group appointment)
  • Simon Featherstone, Non-Executive Director (Bibby Line Group appointment)

Biographies of all Board members are available on request.

McDermott International, Inc. (NYSE: MDR) ("McDermott") and Petrofac Limited ("Petrofac"), an international oil and gas facilities service provider, announces they have formed a strategic marketing alliance to pursue top-tier deepwater subsea, umbilical, riser and flowline ("SURF") projects.

The five-year alliance expects to provide oil and gas companies a competitive, integrated solution across a broad range of complex engineer, procure, construct, install ("EPCI") Subsea projects in deep and ultra-deepwater across the US Gulf of Mexico, Mexico, Brazil, the North Sea, Mediterranean and West Africa.

McDermott and Petrofac form strategic alliance JSD6000Petrofac's JSD 6000 new vessel complements McDermott's global fleet as it offers top-tier functionality for a wide range of ultra-deepwater pipelay, subsea lowering and above surface construction work, through its combined J-lay, S-lay and ultra-heavy lift capabilities. (Photo: Business Wire)

Leveraging the complementary capabilities and experience of both companies, the alliance will open up further EPCI opportunities by combining McDermott's specialty SURF fleet, its new Derrick Lay Vessel DLV 2000 and strong subsea fabrication capability with Petrofac's world class JSD 6000 installation vessel. Currently under construction, the JSD 6000 complements McDermott's vessels, offering top-tier functionality for a wide range of ultra-deepwater pipelay, subsea lowering and above surface construction work, through its combined J-lay, S-lay and ultra-heavy lift capabilities.

"The strategic value of this alliance benefits our clients by combining each company's strengths to create a new competitive top-tier market participant," said Scott Cummins, Senior Vice President, Commercial for McDermott. "As a leading offshore and subsea EPCI contractor, McDermott has a demonstrated track record of delivering complex, Subsea projects such as the ongoing INPEX Ichthys Gas Condensate SURF project offshore Australia. We look forward to partnering with Petrofac on projects of this complexity and scale in the deep water environment."
Yves Inbona, Managing Director for Petrofac's Offshore Capital Projects business, said: "We are delighted to be working with McDermott who are natural partners to progress our offshore strategy in the challenging yet ultimately rewarding SURF markets."

The key terms of the Alliance are:
• Territory: U.S. Gulf of Mexico, Mexico, West Africa, Brazil, North Sea and Mediterranean.
• Scope: SURF projects above US$200 million
• Duration: Five years (plus follow-on time to deliver secured projects)
• Structure and scope: project scope is anticipated to be split between partners roughly equally, but according to the specifics of a particular opportunity, and governed by separate project agreements.

UteclogoUTEC, an Acteon company, has announced the successful award of the full survey services contract on the upcoming Technip Moho Nord EPIC project in West Africa. The project, operated by Total E&P Congo, is located approximately 75 kilometers off the coast of the Republic of the Congo, at water depths ranging from 650 to 1,100 meters.

The contract covers all survey services required on multiple vessel assets during the installation of:
• 230 kilometers of rigid pipelines,
• 23 kilometers of flexible pipes,
• 50 kilometers of umbilicals,
• 50 subsea structures as well as various other structures and rigid jumpers.

The offshore campaign will be spread over 2015 and 2016, with the primary installation vessels being the G1200, a rigid pipe S-lay and heavy-lift construction vessel, and the Deep Pioneer, a multi-purpose deep-water vessel. The project will see the installation of a subsea positioning network of more than 100 acoustic transponders allowing positioning of multiple vessels and ROV's, often working simultaneously in the field, covering tasks including pipeline touch down monitoring, subsea asset positioning and jumper metrology.

UTEC will manage the project between its EMEA regional headquarters in Aberdeen and its newly opened branch office in Pointe Noire, working closely with Technip's operating center in Paris.

Kevin McBarron (photo), Director of Business Development EMEA comments "This major contract award confirms Technip's confidence in UTEC's track record on large and complex EPIC projects and follows on from the success on both Jubilee & Jubilee Phase 1A projects in Ghana. It also confirms our strategic commitment to Africa."

Martin O'Carroll, UTEC CEO, adds "This significant project award supports UTEC's team approach to our clients by consistently delivering the highest quality services, safely and effectively. Technip is a valued partner and we look forward to delivering another successful project together."

WoodgrpMustangWood Group has appointed Michele McNichol to the position of chief executive officer (CEO) for Wood Group Mustang (WG Mustang), effective immediately. Michele succeeds Steve Knowles, who will retire from Wood Group on April 1, 2015.

Michele has more than 25 years of experience in the oil and gas industry and has been with WG Mustang since 2001. She was previously executive vice president, with direct responsibility for offshore, onshore, oil sands and pipeline operations worldwide. She has served as president of the upstream business unit and regional director for upstream operations across the Americas. Her tenure at WG Mustang includes high-profile industry projects, including serving as WG Mustang's project manager for BP Thunder Horse, the world's largest semi-submersible production facility.

Steve Knowles has led WG Mustang since 2006, focusing on growth and international expansion. As a result, WG Mustang now has operations in 15 countries across five continents.

"Wood Group Mustang has had great success under Steve's watch and we thank him for his strong leadership and commitment to WG Mustang's business and people," stated Bob Keiller, Wood Group CEO. "We look forward to Michele fulfilling the CEO role and bringing her perspectives, experience, leadership and energy to the job at a time when we see many challenges and opportunities ahead."

"I welcome the opportunity to take Wood Group Mustang into its next evolution, focusing on efficiencies and effectiveness to deliver the most competitive, creative solutions for our customers," stated Michele McNichol. "We will remain committed to our people-oriented, project-driven culture, which translates into highly effective teams."

Michele earned a Bachelor of Science degree in chemical engineering from Texas A&M University. She is a registered professional engineer in Texas and is a certified Project Management Professional.

Group now fully certified throughout the Americas

GAC Energy and Marine Services Limited in Trinidad & Tobago is now ISO 9001:2008-certified, completing the process for all GAC companies throughout the Americas region.

GAC-1GAC Managing Director Gobind Kukreja shows off the company's latest ISO Certification.

The ISO 9001:2008 standard is based on a number of quality management principles including a strong customer focus, motivation and implication of top management, process approach and continual improvement. Certification formally recognizes the high standard of the company's services in Trinidad and further assures GAC customers of quality, efficiency and compliance in Trinidad and Tobago.

To gain certification, GAC Trinidad worked on enhancing the GAC Group and regional processes on which it was based when the company was established in 2011. Last year, GAC worked with the Lloyd's Register Quality Assurance (LRQA) on a three-stage plan toward certification, including ISO awareness training, assessment, documentation review and audit, as well as the final certification audit.

As Managing Director Gobind Kukreja explains, all employees were actively involved in the process.

"Being a relatively small team of 14 employees we needed the involvement of all staff, that was done with great enthusiasm and we passed the certification audit with zero non-conformities," he says.

Under five-year contract, BP will offer courses next year in a new state-of-the-art Maersk Training facility in Houston

BP will offer advanced training programs for its offshore drilling teams under a new global agreement with Maersk Training, further underscoring BP's commitment to safe and reliable operations.

By 2016, Maersk Training, which currently is working with BP on training in Europe, plans to open a new state-of-the-art facility in Houston that will feature highly interactive simulators replicating nearly every critical job on an offshore drilling rig.

BPTrainingView in to the dome simulator that virtually resembles the drill floor - Courtesy of Maersk Training

BP will use the facility to train integrated offshore drilling teams – comprised of BP employees and contractors -- in what it calls an "immersive simulation environment." The hands-on, scenario-based approach goes well beyond traditional classroom training. It allows teams to practice events and joint procedures together as an integrated unit, rather than as individual contributors.

"These programs are a step forward in the training and development of BP's offshore personnel and of the many contractors who support our global offshore oil and gas operations," said Gary Jones, head of BP's Global Wells Organization. "We hope the entire offshore industry benefits from this important collaboration."

Like similar BP training programs already underway at a Maersk Training facility at Svendborg, Denmark, courses at the Houston facility will incorporate human and organizational factors that frequently are cited as a direct cause or contributing factor to offshore incidents. Course instructors also will be able to assess personnel under intense virtual reality -- and to levels that exceed industry standards.

"BP is taking a holistic and integrated approach to training that will help enhance capabilities across the offshore oil and gas industry," said Claus Bihl, Maersk Training's global chief executive officer. "Thanks to this agreement, many more offshore workers will benefit from valuable instruction and work together to deliver safety as their highest priority, regardless of their company or individual role."

The new Maersk Training facility will be located in north Houston and patterned after the company's offshore simulation complex in Denmark, which opened in 2012. The Houston facility will include simulators for cyber drilling, vessel bridge, cranes and engine room, plus an emergency response room. In addition, Maersk Training will equip the facility for ship-handling operations to serve the maritime training market.

ASCO-Australasia-CEO-M.Thomas1International oil and gas support services company ASCO, has continued its success in the Australian oil and gas market by winning the contract to manage the supply base for BP's upcoming exploration program in the Great Australian Bight.

Commencing in 2016, the exploration program includes four wells within its offshore permits located approximately 300 kilometres southwest of Ceduna, South Australia.

The 24/7 supply base at Flinders Port in Adelaide will be managed by ASCO in partnership with Flinders Logistics, a subsidiary of Flinders Port Holdings.

ASCO Australasia CEO, Matt Thomas, said ASCO was proud to have been awarded this significant contract by one of the world's leading energy companies.

"The Great Australian Bight is a challenging new global frontier in oil and gas exploration and ASCO will bring its significant international experience to support BP's operations," Mr Thomas said.

ASCO is the world's leading oil and gas supply base operator across five continents. ASCO's presence in Australia has increased significantly over the past year, with the opening of the Darwin Marine Supply Base, the acquisition of Bonnie Rock Transport and a major contract win to transport Barrow Island construction waste for Toxfree.

"ASCO's selection to manage the base and all associated logistics is further recognition of our global capability and reinforces our strategic direction in Australasia," Mr Thomas said.

"We are now seen as a valuable and viable alternative to current service providers in the oil and gas, transport and logistics arena."

Mr Thomas said ASCO was committed to supporting South Australian businesses and workforce development.

"We recognise the importance of BP's activities to the South Australian economy and will support local employment and skills development across our operations. We are already in discussion with some of our partners who are looking at establishing South Australian operations to support our activities."

Supply base activity will ramp up from early 2016, employing approximately 25 full-time staff at peak. The base at Flinders Port will provide the full range of stevedoring and materials management services including:

• Loading and off-loading of vessels and trucks
• Ground transportation scheduling and coordination
• Warehouse and yard management
• Port in/out arrangements, visitor orientation
• International Ship and Port Facility Code accredited security
• Bulk storage and tank farm management
• Waste management and recycling/disposal
• Australian Quarantine and Inspection Service compliant wash-down facilities

The facility will have 120m of quayside and more than 20,000sqm of laydown area. It will include a liquids mud plant, light and heavy vehicle parking areas and an administration building with training room capability.

FugroChancepresidentBlaine Thibodeaux has been named President of offshore survey company Fugro Chance Inc. His responsibilities include Fugro's Gulf of Mexico and Arctic offshore operations, including marine positioning, offshore construction and subsea projects, and international services.

Having begun his career with Fugro's IT group in 1996, he joined John Chance Land Surveys (a Fugro company) in 1997. As a Division Manager, he oversaw FLI-MAP®, the airborne corridor mapping system, collecting many thousands of miles of LiDAR data for federal and state agencies and the private sector.

In 2010, Thibodeaux returned to Fugro Chance as Vice President of Marine Operations and assumed the role of Chief Operating Officer in April 2014. He has a degree in Civil Engineering from the University of Louisiana at Lafayette and is a graduate of the Fugro Academy Executive/Leadership Development Program in the UK and the LSU Executive Development Program in Baton Rouge, LA. He is also involved in community related activities and serves on the Board of Directors for the United Way of Acadiana, a charitable organization that pools efforts, and identifies and resolves community issues through partnerships to create more opportunities for a better life.

Thibodeaux succeeds Glynn Rhinehart, who will be retiring this year after 19 years with Fugro.

wood-group-kennyWood Group Kenny (WGK) has appointed Bob MacDonald as chief executive officer (CEO), effective 6 April. Bob moves into the role from his position as WGK regional director for the North Sea.

Bob succeeds Steve Wayman who now becomes Wood Group's head of strategy and development. He is replacing Ali Green who will step down from his current role but will continue to provide support to the team as he transitions out of the business in 2015.

With more than 20 years' experience in the oil and gas industry, Bob joined WGK in 2003 having previously worked in various subsea sector roles across Europe, the Middle East, and North and South America. Bob has held a number of positions in WGK, including operations director before becoming regional director for the North Sea in 2013.

Bob is on the board of the newly formed Scottish Government 'Invest in Young People' initiative, as well as the Oil & Gas UK work group for 'Cost Efficiency, Standardization & Simplification'. He is also actively involved with Subsea UK, the Society of Underwater Technology and Scottish Enterprise, acting as a mentor for small business owners.

As CEO, Bob will lead the WGK executive team in the growth and governance of the business. He will take his place on the Wood Group Executive Committee, reporting to Robin Watson who will take up his new position of chief operating officer of Wood Group in April.

"Taking the helm at Wood Group Kenny is an honor and I look forward to working with the strong team here to build on the success Steve has achieved," said Bob. "My focus will be on expanding our activities, continuing the high level of service delivery and supporting our customers through sustainable efficiencies in what is currently a highly competitive market. Wood Group Kenny has the right people and is well positioned globally to add real value to clients in these challenging times."

Steve Wayman said: "Bob's wealth of experience in our industry, together with his in-depth knowledge of our company, people and capabilities, makes him the ideal candidate to lead Wood Group Kenny for the future and I'm certain that the business will go from strength to strength under his direction."

AssetGuardianAsset Guardian Solutions Ltd (AGSL), which specializes in protecting companies' process critical software assets, announced that it has secured a deal with an oil and gas supermajor in Perth, Western Australia.

The contract is the third to be awarded to AGSL in Australia during the last two years. This latest contract requires AGSL to provide Asset Guardian, a process software management toolset that protects the integrity of process control software used to operate key oil and gas assets.

In 2012, Woodside Energy implemented Asset Guardian to protect the process control software used to operate the company's production facilities. The following year, INPEX purchased Asset Guardian for its Ichthys LNG Project, a US$34 billion development that aims to develop the gas and condensate field in the Browse Basin offshore Western Australia.

Initially, Asset Guardian software will be used during the commissioning phase of a new LNG development that is nearing completion off the northwest coast of Australia. The specialist software will manage process software configuration changes and all control system hardware associated with the project. It will also provide the plant operator with a secure repository to store software files and associated data.

Customized solution = a perfect fit

A standard feature of Asset Guardian software is the ease with which it can be customized to meet the customer's exact requirements. As a result, the customer benefits from a software-based solution, tailored to suit their specific needs.

Once the project construction phase is completed, the company will continue to use Asset Guardian centralized software repository to store process control software to ensure that backups are always readily available, especially in the event of a software-related production system failure. With the Asset Guardian toolset in place, the operator will be able to resume production quickly, minimizing the negative financial impact of any production downtime.

Providing reliable communications in cyclone-prone regions
The reliability of communication links between onshore and offshore locations cannot always be guaranteed. Because the development is located in the heart of one of Australia's most cyclone-prone regions, communications with the offshore facilities can be unreliable. To ensure that the integrity of all software and data files managed by Asset Guardian is maintained when communication links are disrupted, AGSL is also supplying AGSync software. This specialist software continues to operate during periods of disrupted communication, and seamlessly synchronizes software and data files across multiple locations when links are restored.

Quality training holds key to maximizing return on investment
Quality training is an essential part of the process. It gives users the confidence and the skills to use the Asset Guardian toolset effectively, maximizing the return on the company's investment. AGSL is providing comprehensive classroom-based training at the company's offices in Perth.

""We are delighted that our third major contract in Australia has been awarded by one of the world's largest global operators. It is extremely satisfying that they have committed to using Asset Guardian for this prestigious development. Without a doubt, they are being very forward-thinking, not only in their approach to better managing their process control software, but in taking every precaution to protect the software that will be used to operate this major development," said Sam Mackay, chief executive of AGSL.

MacArtney2Okeanus2The MacArtney Group is pleased to announce the signing of a representative agreement with Okeanus Ltda. to function as the official representative of MacArtney underwater technology products on the Brazilian market. Following similar deals signed with companies Cledirsa (Uruguay) and Alakaluf (Chile), the agreement with Okeanus marks the third South American strengthening of the global MacArtney representative network within the scope of just six months.

Founded by marine scientist Laura Azevedo and her father in 2007, Okeanus is a technical consulting company offering products, services and sales representation in the field of oceanography, hydrology, meteorology and environmental monitoring. The Okeanus HQ is located on the Copacabana in in Rio de Janeiro where day-to-day operations are overseen by Sales Manager, Carolina Azevedo.

Supported by good office, warehouse and tooling facilities, Okeanus is able to provide installation, maintenance and technical support for all products and services offered. Beyond representing MacArtney, Okeanus also supports the offerings of other renowned industry operators such as Sequoia and WET Labs.

A win-win partnership
The story of MacArtney and Okeanus joining forces on the Brazilian market is also the story of meaningful strategic focus, vast potential and mutual benefits.

First of all, Okeanus will gain access to the entire portfolio of MacArtney products and systems, from subsea connectors and cables, through underwater telemetry and cameras to marine winch and handling systems. This marks a significant strengthening of the company's ability to quote large scale projects and provide integrated solutions. According to Laura Azevedo "the MacArtney range of solutions is a perfect match for as well our customers as our market". The optimism is shared by MacArtney Sales and Marketing Director, Marco MacArtney, who states that "Okeanus is already very successful in selling sensors and instruments to Brazilian offshore energy and ocean science clients - also the company is very visible and active when it comes to local industry events. I am confident that these tendencies will pick up even further pace through the partnership with MacArtney."

Connecting to subsea potential
As further testimony to the good reputation that Okeanus enjoys with the Brazilian oil and gas industry, the company holds a status as 'registered supplier' with Petronect (Petrobras pre-approved supplier). Within this context, MacArtney is keen to promote its diverse range of high quality offerings to this high-potential market, hereunder the TrustLink and TrustLink API ranges of subsea connectivity solutions for use in harsh and strictly regulated applications and environments.

seacorholdingsSEACOR Holdings Inc. (NYSE: CKH) (the "Company" or "SEACOR") announced that Oivind Lorentzen stepped down as Chief Executive Officer, but will continue as a director and non-executive Vice Chairman of the Board of Directors. Charles Fabrikant, Executive Chairman, assumed the position of Chief Executive Officer. In addition, the Company appointed John Gellert and Eric Fabrikant as co-Chief Operating Officers. Mr. Gellert will oversee Offshore Marine Services and Mr. Eric Fabrikant will oversee Transportation Services, Witt O'Brien's and CLEANCOR Energy Solutions.

Matthew Cenac, Chief Financial Officer, and Paul Robinson, Chief Legal Officer, have been elevated to the position of Executive Vice President. Bruce Weins, formerly Controller, has been appointed Chief Accounting Officer and Senior Vice President.

Mr. Charles Fabrikant stated, "Elevating John and Eric to co-Chief Operating Officers reflects the evolution of our organization. John has been overseeing the day-to-day operations and capital commitments of our offshore business where he manages the process of funding projects, managing joint ventures, and handling investor relations. Eric has similar responsibilities for transportation services, which embraces tanker operations, harbor towing, Caribbean liner service and inland marine, which includes an oil storage terminal and investments in grain elevators." Mr. Charles Fabrikant added, "I would like to acknowledge Oivind's outstanding contribution to the Company and I am extremely pleased he will continue as Vice Chairman."

Mr. Lorentzen stated, "I enjoyed working closely with Charles, John and Eric, and am confident that the Company will have continued growth and success under their leadership. As Vice Chairman I am looking forward to an active role in helping the Company with its strategy and growth."

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