Company Updates

stevenWebsterCarrizoOilOceaneering International, Inc. (NYSE: OII) announced that Steven A. Webster (photo) has been appointed to serve on its Board of Directors, effective today.

Mr. Webster is a director and Chairman of Carrizo Oil & Gas, Inc. and Basic Energy Services, Inc. and serves as a director on the boards of other energy-related companies. He is also Co-Managing Partner and Co-CEO of Avista Capital Partners LP, a private equity firm, in charge of energy investments. Throughout his 40-year business career, Mr. Webster has been active in the energy industry, notably in the exploration and production and service sectors.

Mr. Webster has a Bachelor's degree in Industrial Management and an honorary Doctorate degree in Management from Purdue University. He also holds a Master of Business Administration degree from the Harvard Business School, where he was a Baker Scholar.

Mr. Webster is joining Oceaneering's Board following the decision by Jerold J. DesRoche to retire from the Board, effective at Oceaneering's next Annual Meeting of Shareholders in May 2015.

McDermott International, Inc. (NYSE: MDR) ("McDermott") announced on Tuesday that it has been awarded a sizeable manifold and subsea safety isolation valve module fabrication contract by FMC Technologies for the Jangkrik fields located offshore Kalimantan, Indonesia. The contract was included in McDermott's fourth quarter backlog and is expected to be completed by the first quarter of 2016.

McDermott-BatamIndonesiaMcDermott's Indonesian fabrication facility has broad experience delivering customized and high-quality subsea solutions.

"Our demonstrated track record in the delivery of customized, high-quality subsea solutions from our Indonesian fabrication facility on Batam Island, including the Gorgon subsea structures fabrication project and the Ichthys engineering, procurement, construction and installation project, positions us strategically to support FMC Technologies in fabricating the Jangkrik Complex subsea infrastructure," said McDermott's Hugh Cuthbertson, Vice President and General Manager, Asia Pacific. "McDermott is also pleased to continue its longstanding commitment to providing in-country value to Indonesia through its delivery of projects from its Batam Island facility to the Indonesian energy industry."

This is the first time that FMC Technologies has awarded work to McDermott's Asia Pacific region. The scope of the project includes fabrication of approximately 3,200 tons of subsea manifolds and subsea safety isolation valve modules to be installed in water depths ranging from approximately 329 feet to 1,640 feet. Fabrication commenced in February 2015 at McDermott's Batam Island facility in Indonesia, which will also be responsible for factory acceptance testing ("FAT") / extended FAT and system integration testing.

"The McDermott team worked closely with FMC Technologies to determine execution strategies that meet their requirements and ensure high quality and on-schedule delivery," explained Cuthbertson.

The Jangkrik Complex is operated by Eni and comprises two main fields – Jangkrik Main, located approximately 44 miles from the coast in the Muara Bakau permit area, along the Makassar Strait, and Jangkrik Northeast, approximately 16 miles from Jangkrik Main.

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.

BMT NavCon Image-1-low-rezBMT Group Ltd, a leading international maritime design, engineering and risk management consultancy, has agreed to purchase Navegação e Controle Indústria e Comércio Ltda (NavCon), a leading Brazilian specialist in monitoring systems for the offshore oil and gas industry. The company's name has officially changed to BMT NavCon Ltda.

BMT Scientific Marine Services Ltda was previously a minority stakeholder in NavCon. This new agreement fully integrates NavCon into the BMT group of companies.

NavCon was founded in 1998 and is strategically located in the technological site of São José dos Campos, São Paulo, Brazil. The company specializes in data acquisition and motion monitoring systems, navigation and heading reference systems, and GNSS receivers for offshore, air, land and space applications.

Tom Johnson, President of BMT Scientific Marine Services, commented: "I am delighted that NavCon has now been fully incorporated into the BMT family of companies as BMT NavCon. We have been working with them for the last couple of years. We have seen them continue to grow and utilize their knowledge and capabilities in the Brazil oil and gas market. We look forward to future opportunities to collaborate."

Francisco Nozolino de Azevedo, General Manager of NavCon, added: "NavCon welcomes this agreement with BMT Group. BMT has proven with their worldwide presence and the multiple industries they support that they are a unique and diverse company. Their support will help us continue to expand and further develop our product and service offerings not only for our local customers, but also for the international oil and gas market."

Statoil (U.K.) Limited has on behalf of the Mariner co-venturers awarded the contracts for supply base and warehousing services for the Mariner field to Asco UK Limited.

Asco is an international oilfield support services company, headquartered in Aberdeen. The supply base and warehousing facility for Mariner will be operated by Asco from Peterhead, north of Aberdeen.

The scopes awarded encompass the provision of supply base services, including personnel, local transportation, marine gas oil, quayside services and a nearby warehousing facility.

Asco will perform the services for the Mariner field under two five year contracts, anticipated to start during Q1 2016. The contracts also include 2 x 2 year extension options.

Statoil-AscoPeterhead offshore supply base, owned and operated by ASCO (Photo: ASCO)

"We are pleased with the interest we received in the market for this tendering process. We received competitive bids from several highly qualified companies," says managing director for Statoil Production UK, Gunnar Breivik.

"Production on Mariner requires a high level of drilling activity and the field is reliant on a seamless and cost efficient logistics chain. Asco is a well-established player and their supply base in Peterhead is a proven, high-performing logistics hub. We are looking forward to working closely with Asco to tackle industry challenges and optimize the supply and warehousing services that we depend on for successful operations on Mariner," Breivik says.

The Statoil operated Mariner field, located approximately 150 kilometers east of the Shetland Isles, is currently under development and production is scheduled to start in 2017.

The development concept includes a production, drilling and quarters (PDQ) platform based on a steel jacket and a floating storage unit (FSU). Drilling will be carried out from the PDQ drilling rig, with a jack-up rig assisting for the initial years.

In the period when both the PDQ and the jack-up are drilling Mariner wells, the field will require at least five sailings a week from the Peterhead supply base.

Statoil is the operator of the Mariner field with 65.11% equity. Co-venturers are JX Nippon Exploration and Production (U.K.) Limited (28.89%) and Dyas Mariner Ltd. (6%).

Facts:
• The Mariner Field is located on the East Shetland Platform of the UK North Sea, approximately 150 kilometers east of the Shetland Isles.

• The Mariner heavy oil field consists of two shallow reservoir sections – the deeper, Maureen Formation at 1492 meters and the shallower Heimdal reservoir at 1227 meters.

• The development of the Mariner field will contribute more than 250 million barrels reserves with average plateau production of around 55,000 barrels per day.

• The field will provide a long-term cash-flow over a 30-year field life. Production is expected to commence in 2017.

• The concept chosen includes a production, drilling and quarters (PDQ) platform based on a steel jacket, with a floating storage unit (FSU). Drilling will be carried out from the PDQ drilling rig, with a jack-up rig assisting for the initial years.

• The Mariner field development entails a gross investment of more than USD 7 billion.

• Following the final investment decision in December 2012, Statoil in 2013 established an office an Aberdeen.

Statoil's new UKCS operations center is currently under construction on the Prime Four business park at Kingswells west of Aberdeen.

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.

Inaugural meeting brings class and industry together to improve technical standards 
for offshore equipment safety.

abs logoAs part of its mission to serve the public interest as well as the needs of members and clients by promoting offshore safety and security, ABS, the leading provider of classification services to the global offshore industry, recently convened the inaugural meeting of the ABS Offshore Equipment Advisory Committee.

A group of technical advisors gathered on Wednesday, 4 March 2015, at the ABS Energy Corridor office to exchange information for Rule development and enhancement of classification services for offshore equipment. One of the primary focuses of the Committee is to gather information from offshore experts to guide changes and additions to publications such as the ABS Guide for the Classification of Drilling Systems.

"The ABS Offshore Equipment Committee plays an important role in bringing together key stakeholders to provide critical expertise to improve standards for equipment safety," says ABS Chairman and CEO Christopher J. Wiernicki. "ABS will continue to work with industry, academia and government to develop a robust offshore safety regime that safeguards assets, the environment and most importantly people."

Recognized as a technology leader, ABS is the class society of choice for next-generation units operating in remote and challenging environments and drilling deep, high-temperature, high-pressure wells. ABS classed the first mobile offshore drilling unit (MODU) in 1958 and continues to be the classification leader for the high-specification units that will support the energy needs of future generations.

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 www.newindustries.com.

SuretankogoSuretank, the world's leading provider of engineered solutions to the offshore oil and gas industry, has announced that it is has acquired a majority ownership stake in Louisiana based manufacturer AmGulf Fabrication, LLC. The company will be rebranded as Suretank USA with immediate effect.

Having acquired a minority shareholding in 2013, Suretank has developed a strong working relationship with AmGulf offering its full range of DNV 2.7-1 certified offshore tanks and cargo carrying units (CCU's) from the company's state of the art facility in Houma, Louisiana.

John Fitzgerald, Suretank CEO, said: "In pursuing our long-term strategy to build local in markets worldwide we are continuously looking for companies that help us to achieve this goal.

"The US is a significant growth market for Suretank and having in-market manufacturing and equipment deployment is extremely important to maintaining customer service excellence."

"We are confident that we have found the right company with AmGulf Fabrication and we are excited about the prospects that taking our investment in this business to the next level will bring. Furthermore we intend developing and building additional specialist products in the USA such as wire-line, well intervention and pumping systems," John continued.

AmGulf Fabrication was established in 2012 by Messrs Lawrence Detiveaux and Jason Underwood.

Commenting on the investment Mr Lawrence Detiveaux, Chairman at Suretank USA, said: "This is a great opportunity for the business, our employees and our customer base. The company was set up on the business principles of Suretank so we are already closely aligned with Suretank's business ethos. We have established a strong reputation for delivering high quality products and custom engineering solutions and the business continues to go from strength to strength. We are excited that Suretank recognises the potential we have to offer them in the US market and are looking forward to the future."

Going forward Mr Jason Underwood takes up the role of Managing Director, Suretank USA and will be responsible for the day to day operations of the business reporting directly to John Fitzgerald.

Suretank is a global leader in the supply of tanks and CCUs (Cargo Carrying Units) to the offshore oil and gas industry. The company has design and manufacturing facilities in Ireland, Brazil, China, the Netherlands, Poland, Thailand, UK and USA as well as sales offices in Australia, Malaysia, Nigeria and Norway.

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."

BOARD COMPOSITION

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."

ABOUT THE ALLIANCE
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."

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