SUBSEA UK NEWS THE NEWSLETTER FROM SUBSEA UK WWW.SUBSEAUK.COM JUNE 2008 Try Not to Lose Your Head Advises Ian McIntosh, Managing Director Strategic Offshore The subsea market has been through a period of overheating it reaction has then been to turn back time going right back to first Inaugural Event has seldom seen before. That’s made principles and fixing long-term to the whole subsea industry both make sure they have vessels Focuses on centre stage and under pressure available to them, especially so on like it has never been before. Any the DSV side. Europe and Africa market being put under that amount Yet, the good times will not last of pressure, produces multiple indefinitely. A correction will come. London to Attract Key reactions. Now the issue is to try The market is currently ignoring its not to panic, or at least try not to main market driver – small diameter Players from Overseas panic too much. Remember, keeping pipelay – and has been staggering on a cool head isn’t always easy. at a high level while the mother and father of all hangovers is brewing. Like a grinning naughty schoolboy, Demand ignoring its real master is 2006 has a lot to answer for. Thanks not good news. Big increases in to a sold out North Sea and masses vessel supply are also on the way, and of hurricane remedial in the Gulf of while they might not be felt in 2008, Mexico it superheated the subsea they will be seen some in 2009, and market until the thermostat was then much more so after that. utterly frazzled. The other thing that high rates And the repair man still hadn’t and decent contractor profits have called in 2007 either. The heat of done is just attract more 2006 caused so many clients to competition. Like so often before, it throw themselves into long-term is the level of competition in the contracts that the market was just market that has the final say on as hot. Plus the hurricane remedial where rates go. Right now, most of work in the Gulf is only now beginning that new competition is stocking up to slacken off after underwriting their armouries some of the upswing in demand. getting ready to Factor in continued deepwater really overruns and you have a market that looks like it should only be handled with asbestos gloves. Over the last 25 years whenever rates have gone up markedly in the subsea market, the The UK’s capital city is set to host end clients have moved Subsea UK’s first conference and the goalposts. Not so exhibition of its kind: Subsea Europe. this time. For the moment, The event aims to attract key some operators have felt Continued decision makers from operators and hemmed into a corner. The on page 3 Continued on page 3 2 SUBSEA UK NEWS JUNE 2008 3 SUBSEA UK NEWS JUNE 2008 SUBSEA UK NEWS SUBSEA UK NEWS Tel: +44 (0)1224 355355 E-mail: email@example.com www.subseauk.com Member List Universities Collaborate to Create the Subsea Research Institute A Centre of Excellence Revealed 2008 Forthcoming Events PARLIAMENTARY RECEPTION The Terrace Pavilion, House of Abalt Solutions Ltd, Acergy, Acteon Group Ltd, AE The Subsea UK Business Awards Millions of pounds are to be Commons, London Precision Ltd, AFL Telecommunications, AGR celebrated another announcement , invested in the NRP which is a joint 3rd June Subsea Ltd, AKD Engineering, AKE Ltd, Aker Kvaerner Subsea Ltd, Andrew Palmer & with the news that a subsea venture involving Aberdeen, Dundee Associates, Ansys Europe Ltd, ASCO UK Ltd, research institute is to be created and the Robert Gordon Universities. SUBSEA ASIA Atkins Boreas Consultants Ltd, Aubin Ltd, B & A in Aberdeen. The Subsea Research Institute is Kuala Lumpur Hydraulics Ltd, Balmoral Offshore Engineering, , In late 2007 Subsea UK, as part expected to be based at Aberdeen Baule UK Ltd, Bel Valves, BG Group, Bibby 11/13th June Offshore Ltd, BJ Process and Pipeline Services, of its 2020 vision, produced and University where laboratory space BMT Marine Projects Ltd, Bowtech Products Ltd, distributed a glossy prospectus for subsea research and SUBSEA OPPORTUNITIES, BP, BPP Technical Services, Bredero Shaw, calling for a subsea Centre of development will be created at their CHALLENGES AND SERVICES Brinker Technology, Buchan Technical Services Ltd, C3 Amulet Ltd (Associate Member), Caley Excellence here in the UK. main engineering building. Newcastle Ocean Systems Ltd, Castrol Offshore Ltd, CD- In response to the prospectus, Research interests and activities 19th June Adapco, Champion Environmental Technologies, three of Scotland’s leading which already exist in support of the Chevron Upstream Europe, Coda Octopus Ltd, universities revealed that they wish Subsea industry will be enhanced and CAREERS AND LIFESTYLE EVENT Cormon Ltd, Cranfield University, CSL, CTC Marine Projects, Cutting Underwater Technologies Ltd, to create a Subsea Research expanded. Academics and Aberdeen AECC Deep Ocean Subsea Control Innovations Ltd, Institute, as part of their overall industrialists have warmly welcomed 26th June DeepSea Engineering & Management, DES agreement to establish a Northern the approach which should ensure Operations Ltd, DNV, DOF Subsea UK, Dominion Research Partnership (NRP) in that cutting edge, applied research GOLF DAYS Technology Gases, Douglas Westwood, Duco Umbilicals, Dunlaw Engineering Ltd, Dynamic engineering and related disciplines. is well informed by the needs and Inchmarlo Positioning Services (DPS), E.ON Ruhrgas North drivers of the industry itself. 5th and 12th September Sea UK Ltd, East of England Energy Group, Edinfort The universities investment in Ltd, eProduction Solutions, Expro Group, subsea technologies was made clear BUSINESS BREAKFAST WITH ExxonMobil, Ferguson Modular Ltd, First Subsea Ltd, Fisher Offshore, Flexlife Ltd, FMC late last year when both Robert OIL AND GAS UK Technologies, Framo Engineering UK Ltd, Fugro Gordon University and Aberdeen Aberdeen impROV, Fugro Rovtech Ltd, Furmanite University announced their new MSc International Ltd, Furness Enterprise Ltd, GE Subsea Business Award Winners Francis Neil (left) of Brinker, Klaire Evans of Brinker, David Turner courses in Subsea Engineering and 28th October Measurement & Sensing Technologies, General , of BP and Graeme Coutts of Expro Robotics Ltd, Global Marine Systems Ltd, there are also talks of introducing a SUBSEA EUROPE DINNER Halliburton, Hallin Marine UK Ltd, Hayward Tyler, degree programme focused on the London Aquarium HCL Fasteners Ltd, Hockway Ltd, Hydrasun, subsea industry. Hydratight, Imes Systems, Infield Systems Ltd, Infinity Resources UK Ltd, Insensys Oil and Gas, Members Honoured at Europe’s 29th October Inspectahire Inst. Co. Ltd, INTEC Engineering (UK) SUBSEA EUROPE Ltd, Isleburn Ltd, iXSea Ltd, J & S Marine Ltd, J P Kenny Engineering, J. Ray McDermott, K.D. Marine Ltd, Kongsberg Maritime Ltd, L&N (Scotland) Ltd, Largest Subsea Showcase Try Not to London to Attract Islington, London 30th October Master Flo Valve Co (UK) Ltd, MCS, Meniscus Record number of delegates attended Subsea 08 Lose Your Head Key Players from DOT Solutions, NaREC New and Renewable Energy Centre, National Hyperbaric Centre, National Oceanography Centre, Nautronix PLC, NCA - Norse The 2008 winners of the Subsea Perth Australia – 12 companies Cutting & Abandonment Ltd, NCS Survey Ltd, NETmc Marine, Nexen Petroleum UK Ltd, NSIG UK’s annual Business Awards were • Expro North Sea Ltd won Continued from front cover Overseas exhibiting in the Subsea UK Pavilion (Northern Scotland Industries Group), Oceaneering, announced earlier this year at a gala the award for Subsea Continued from front cover 3/5th December Oceanlab, University of Aberdeen, OceanTeam 2000 dinner, sponsored by Acergy, in Company of the Year enter the game in the next year or (OT2K), Oceanteam Power & Umbilical Ltd, ODS- Aberdeen. so. Competition will then be turned contractors of the subsea oil and SUBSEA 09 Petrodata Ltd, Offshore Marine Management Ltd, The awards, set up to highlight the • Best Newcomer to the Aberdeen OIL Engineering Ltd, Optical Metrology Services up a notch just as the supply side of gas and wider marine sectors from Ltd, Pal Shipping, Pan-Ocean Engineering Ltd, PDL hard work and excellence of both Subsea Industry was Brinker the market has the potential to across Europe and Africa. 11/12th February Solutions (Europe) Ltd, Pegasus International (UK) subsea organisations and individuals Technology grow like a virulent plague. Subsea Europe follows the success Ltd, Petrofac Facilities Management, Project from across the UK, were held on A great many now have a great deal of last year’s event in Paris – Subsea SUBSEA TIE BACK FORUM Development International Ltd, Proserv, Prospect, the night of Subsea UK’s annual • In order to recognise the at stake. Every side of the market is Forum – which saw over 300 San Antonio, Texas RB Valvetech Ltd, RBG Ltd, Reson Offshore Ltd, Robert Gordon University, Rockwool Ltd, Neptune flagship event – Subsea 08. new talent coming into the exposed to risk, but not necessarily delegates attend the two-day event. 3/5th March Ross Deeptech, Rotech Subsea Ltd, Roxar Ltd, A record number of over 2,000 industry, the award for Best to the same degree. Even if some of This year’s event, to be held on RUCO Ltd, Saab Seaeye Ltd, Saipem UK Ltd, delegates attended Subsea 08’s two the risk is much more on the the 30th October 2008 at the book for all these events at Sonsub Division, Schilling Robotics Ltd, Young Personality of the Year www.subseauk.com Schlumberger (Associate Member), Scottish day exhibition and conference at the shoulders of vessel owners with Business Design Centre in Islington, Enterprise, Sea Steel UK Ltd, Seal-Tite UK LLC, AECC on the 13th and 14th went to Klaire Evans of speculative tonnage being built, that is organised with support from the Seebyte Ltd, Self Energising Coupling Company February. Over 90 exhibitors and an Brinker Technology still has implications for the whole Department for Business Enterprise (SECC), Shell UK Ltd, SMD Hydrovision, Society for Underwater Technology, Solstad Offshore (UK) Ltd, impressive line up of speakers from • The award for Greatest market. Venture capital is a much and Regulatory Reform. Sonardyne International Ltd (Aberdeen), the international subsea sector were bigger factor than previously. Plus, As well as offering technical London Aquarium on the evening of Sonavision Ltd, Subocean Group Ltd, Subroutine present to discuss the supply and Individual Contribution to the most of the contractors and some of insights, the conference will 29th October. Ltd, Subsea 7, Subsea Domain Ltd, Subsea demand issues facing the industry. Subsea Industry went to the ship owners are publicly quoted. discuss the impact of the high oil David Pridden, Chief Executive of Support & Intervention UK Ltd, Subsea Integrity Group (SIG), Sulzer Pumps (UK) Ltd, Talisman The conference entitled, ‘A View to David Turner – Subsea That puts them under constant price and unprecedented levels of Subsea UK said: “This event is a Energy UK Ltd, Technip UK, Thales Underwater the Future’, featured an array of Operations Manager with pressure to deliver over and over activity. prime opportunity for us to debate Systems Ltd (associate), IHC Engineering heavy-weight industry speakers again, even now when the market The exhibition is an opportunity to key issues and showcase Business, The Underwater Centre, Total E&P UK including Tom Botts of Shell, Peter BP. David has a history could be considered to be at its highlight the skills, capabilities and innovations from the subsea plc, Tracerco, Trelleborg Offshore, Tritech International Ltd, Triton Group, University of Blake of Chevron and Professor D stretching back 30 years in zenith. That pressure is only going to resources of subsea companies to a industry. London is a key city for us Aberdeen, UTEC Survey, Venture Production, Haldane from Heriott Watt University subsea oil and gas get worse, especially once the market very important audience. Visitors will as we hope to attract delegates VerdErg Connectors Ltd, Vetco Gray UK Ltd, and was sponsored by CSL. gets more tricky, and it will. be able to get a snapshot of what from as many European capital Visualsoft Ltd, Wellstream International Ltd, Wilton Marine Services Ltd, Wireless Fibre Systems, On the night of the conference For information on Subsea 09 and the UK’s subsea industry offers – in cities as possible.” • To obtain the new edition of Strategic Xodus Group Ltd. (13th) the Subsea Business Awards the next Subsea Business Awards Offshore Research’s Global Subsea Market one day, under one roof. For further information on the 2008 Dinner honoured the following please contact firstname.lastname@example.org report contact Jo Slade at Preceding the event, a prestigious event please contact Designed and printed by www.designinc.co.uk companies and individuals: or visit www.subsea09.com email@example.com networking dinner will be held at the firstname.lastname@example.org 4 SUBSEA UK NEWS JUNE 2008 5 SUBSEA UK NEWS JUNE 2008 SUBSEA UK NEWS SUBSEA UK NEWS Subsea UK Website Makeover Subsea Industry Addresses After months of careful planning and development, Subsea UK has relaunched its website: www.subseauk.com. The new site Staff Retention provides comprehensive detail about the UK subsea industry and its members and its new look indicates the significance of A survey, set up by Subsea UK in Resourcing Manager for the organisation’s commitment to one of the UK’s fastest collaboration with its Skills Forum, Subsea 7, also admits growing sectors. has revealed that staff retention, by that retention should be The new site is aimed at presenting the UK subsea industry subsea companies in the UK, is on a long-term focus and globally, giving visitors a clear picture of the British sector. the up. The survey was conducted adds: “While these Office Manager of Subsea UK, Trish Burrell says: “We’re amongst Subsea UK members to findings suggest that delighted with the new site. We have so many members, establish what the current rate of staff turnover has at non members and visitors, staff turnover was and how it least slowed somewhat, that it was important to reflects against the previous year. it has also revealed the focus on a user friendly With various reports indicating benefits of employing portal. With over 170 that the industry has critical issues permanent staff in member companies with regard to retaining its staff, relation to retention. ” supporting Subsea UK it was Subsea UK felt it was timely to “Through these also essential to have a conduct a survey among its members surveys, where we are system that showcases their to establish how serious the able to share products and services situation has become. information, the through an easy-to-use site. ” However, good news emerged from collaboration of industry From the website, users can the findings which revealed that is vital for our sector to gain information on the annual staff turnover is running at an establish and act upon industry through articles, average of less than 10%, with the issues we face. ” reports, industry news, member companies working in majority of members agreeing that The Skills Forum, directories, events and links to the subsea sector can also be this is lower than the previous year. which was set up to Stewart adds: “There is a need to other relevant sites. listed in Subsea Pages and take The survey has also indicated that address and shape policy and major stimulate our engineers and promote Subsea Pages, the online advantage of the 630 hits on a higher rate of contract staff initiatives in the skills area, is also the industry as part of a modern directory for subsea the site daily. negatively reflects on a company’s focusing on encouraging chartered knowledge-based economy. Our companies, has also been The new website, designed by overall retention rate. status by persuading companies that industry needs to promote chartered updated to feature a similar Design Incorporated, is available Dianne Stewart, Chair of the it is in their interest to employ status giving companies a recognised design as the new site. Non at www.subseauk.com. Subsea UK Skills Forum and Global chartered engineers. ” level of ability competence. Energy Minister to Attend A Spectacular Window to Showcase Subsea Subsea UK’s Parliamentary Reception at the House Subsea Aquatheatre gets Industry Backing of Commons Subsea UK has commissioned the build of a large-scale portable aquarium subsea sector. Subsea UK Communication Manager, Katherine for highlighting subsea technologies: Dawson said: “The event is a prime Minister for Energy, Malcolm Wicks, has agreed to speak the Subsea Aquatheatre. opportunity for us to showcase the at Subsea UK’s first Parliamentary Reception at the With funding from its members, Subsea Aquatheatre. We believe this Pavilion Terrace at the House of Commons on the Subsea UK is set to deliver this exhibit is a fantastic way for young 3rd June 2008. attraction for its debut at the people and adults to play with The reception will be hosted by Frank Doran MP on ‘Energise your Future’ event in technology that is used in the real behalf of Subsea UK and will welcome MPs, Peers and Aberdeen’s Exhibition and Conference world and a chance to rid any key industry leaders to present the UK’s subsea industry Centre on the 26th June. negative stigma associated with a to Parliamentarians highlighting the overall scale of the Thanks to support from industry, career in the oil and gas industry. ” industry, its impact upon the UK national economy and the exhibit will demonstrate the “The UK subsea industry is one of the technologies and companies involved across the UK. technology used underwater, such as the most exciting and fastest Key industry statistics will be presented which will cameras, remotely operated vehicles growing technology sectors in the show that within the UK, this technology driven, and diving equipment. world that is pioneering Earth’s last manufacturing and service based industry had annualised Funding has come from several frontier. subsea is a career that can revenues last year of £4.5bn of which 50% were from member companies: Wellstream, take you to all four corners of the exports, employed 40,000 people and grew by just under Oceaneering, Subsea 7, Triton, globe – working in locations as diverse 30% making the UK global leaders. The figures reflect a OPITO and the Engineering Business. as the North Sea, the Gulf of Mexico, strong domestic industry but, more importantly, a rapidly The event, organised through a Indian Ocean or even the Artic. ” developing international market as the oil and gas multi stakeholder alliance partnership “Through this attraction we hope industry seeks to exploit more hostile offshore with Marathon, OPITO, Careers to show youngsters that there is an environments and deeper waters. The global market is Scotland, Energy Institute, Shell and large tank containing 22,000 litres element of fun in what we do and considered to be in excess of £20bn and is set to grow WSCA, will soon have the world’s best of water where visitors to the this is a chance for them to put to in excess of £40bn. marine technology at their fingertips. exhibition can gain first hand ” their playstation skills to use. Sponsored by Expro, First Subsea, Trelleborg and It is hoped that this attraction will experience of what it is like to drive The Subsea Aquatheatre follows Wellstream, the event will welcome 100 guests, of which encourage young people to pursue an ROV in an aquatic environment. the concept of the National Marine 50 will come from the industry, all of whom will be invited careers in science and engineering. One of the main aims of this event Aquarium’s Aquatheatre (pictured) by Subsea UK. The Subsea Aquatheatre will be a is to tackle the skills shortage in the based in Plymouth. 6 SUBSEA UK NEWS JUNE 2008 7 SUBSEA UK NEWS JUNE 2008 MEMBER UPDATES MEMBER UPDATES And Now For something a Little Different… Subsea 7 Opens North Sea Growth of the subsea sector has brought with it new is positively and adequately preparing him or her for challenges, ranging from the current skills shortage to the fall of activity in the North Sea necessitating the need to operate in new and potentially hostile their job. How many SMEs operational in these regions would defer to the operator in Spoolbase at Vigra, Norway environments. Running contemporaneously to this is the times of crisis? Many assume that the The base was officially opened by Kristian Siem, Chairman of Subsea challenge of promoting the UK as a global hub and centre security and, if necessary, evacuation of 7 Inc, Knut Støbakk, the Mayor of Giske Community, Morten Ruud, of excellence for the sector. their staff will be provided by the Executive Vice President of StatoilHydro and Mel Fitzgerald, Chief Challenges can, of course, be overcome but with the operator – this is often not the case. Executive Officer of Subsea 7 in a ceremony recently held at the largest areas of growth for the subsea sector forecast Similarly, while all of these companies will base. as West Africa, Latin America and Asia, one obstacle to have crisis management plans in place to The $30 million / NOK 200 million investment is key to developing be overcome is the ‘challenging’ nature of these deal with the failure of equipment, how Subsea 7’s already strong pipelay capability in the North Sea market. operating environments themselves. many have crisis management plans Furthermore, it provides a strategic platform for new geographic Headline-grabbing incidents of kidnap and vessel in place to deal with an emergency markets such as the Barents Sea as that region opens up. seizure in the Niger Delta aside, the issue of security of a security nature? For those needs to be raised. Whether this is in terms of that do, does that plan dovetail economics and the risk to the wider operation, or the with that of the operating risk to personnel, this is an issue that companies need to address. company to which you are contracted? Acquisitions Greatly Expand Acteon’s Security is more than fences and armed guards. It is a In order to continue to promote state of mind: both the collective mind of a company, and that of the individuals it employs. Thorough ground work the UK subsea sector as a global leader, companies and their staff are International Presence prior to deployment of equipment or a company’s number required to operate in these growing one asset – its staff – is a necessity in the current market areas with confidence and in Acteon has announced the Executive, Acteon, said, “We were strategic drive to increase the geopolitical climate. safety. With an integrated approach to acquisition of both Singapore-based attracted to CAPE by its strong amount of business we do in this At a company level the decision of whether or not to security and thinking beyond the CAPE Group and 80% of Brazilian reputation with the principal players area of the world. ” commit to operations in a specific location can be stereotype, UK companies can fly the mooring and anchoring equipment in the region, its local market The acquisition of Fluke increases assisted by the provision of actionable intelligence. The flag of the subsea sector and reap the specialist, Fluke Engenharia Ltda. knowledge and, not least, the firm fit Acteon’s geographical presence in same is true for the individual employee, for whom financial rewards these geographical Cape Group, which employs 28 between its main areas of expertise the key deepwater Brazilian market something as simple as travel awareness training can hotspots have to offer. people and has an annual turnover of and Acteon’s existing service and adds extensive capabilities to its provide him or her with the skills to deal with Claire Fleming AKE Group approximately $13 million, is well ” portfolio. mooring systems services. extraordinary situations and the faith that the employer new Subsea UK member established in two main business “The company also has an Fluke employs 350 people spread areas in South East Asia: pipeline important dockside operations base between its office in Rio de Janeiro inspection, repair and maintenance, in Singapore, which will act as a and an 80,000 m2 fabrication, and foundations and piling. sales and service centre for other maintenance and inspection facility Richard Higham, Group Chief Acteon companies and support our in Macaé. Regional Manager Appointed To Open Asian Base For Rotech Subsea Mass-flow excavation (MFE) specialists Rotech Subsea has appointed Regional The Russians Manager Barry Silver to open a are Coming base in Singapore to cope with swelling The Underwater Centre recently opportunities in the welcomed the first in a series of region. ROV students from Russia. The The company, which operates a unique and patented group, and their translator, have come to Fort William from Pod Vod Servis, an underwater/ technical CSL Opens London Office range of T tools, has Barry Silver – Regional Manager services company based in Moscow. Aberdeen-based subsea project locations during 2008. enjoyed growing The group of students are studying management and engineering The London office which opened interest for its services in the oil and gas rich region the three week ROV Pilot Technician company CSL has opened a new for business at the beginning of and establishing a formal Asia-Pacific base was the course, which covers a variety of office in central London. This March, is located midway between next step in providing the best service to its current subjects including electrical expansion is in keeping with the the City and the West End and was and potential clients. The base will also service the installation in adverse conditions, company’s strategy to extend chosen specifically because of its Australian market but there are plans to open a base in microprocessors and advanced logic operations to other oil and gas close proximity to a number of Perth, Western Australia within the next 12 months if used in ROV, and the components regions outside Aberdeen by opening independent oil and gas operators. expected demand is met. used in the hydraulic systems of ROV. additional offices in key strategic 8 SUBSEA UK NEWS JUNE 2008 9 SUBSEA UK NEWS JUNE 2008 MEMBER UPDATES MEMBER UPDATES Lord Cullen Opens Expro’s Aberdeen Centre of Excellence International oilfield service company Expro has reinforced Scotland Rugby Captain its commitment to joins Xodus Line-Out personal development, training and world- class safety Scottish rugby captain Jason White performance by has teamed up with fast-growing oil building a network and gas engineering consultancy of global Centres of Xodus in a first-of-its kind Excellence at each of partnership. the company's main The high profile player, recognised bases. Dynamic Positioning Services as one of the big-hitters in the game around the world, will be This network includes centres in Joins Global Subsea Technology closely aligned with Aberdeen- headquartered Xodus for a year. Egypt, South Africa, Malaysia, Brazil, Louisiana and importance training and competence part in training at any of Expro’s During this time he will become a Group Seventh Acquisition for regular visitor to Xodus where he Aberdeen. The Aberdeen Centre of Excellence play in ensuring oilfield safety. The Centres of Excellence will Centres of Excellence. The Aberdeen Centre of Excellence will be available to meet clients and support employees to develop their is the being used for all aspects of Triton Group Holdings staff, imparting his knowledge of the game, motivation and team-building is at the heart of this global network and acts as the flagship to skills in order to achieve their potential, and will play a major part learning and development including HSE training, technical training in the regional satellite locations. This Aberdeen-based Dynamic Positioning Services Ltd (DPS) has been acquired tips and maybe even some dressing centre was officially opened on the in developing fresh talent in the well test, subsea, data acquisition by Triton Group Holdings for an undisclosed sum. room secrets. 14th of May by Lord Cullen of industry. Customers and other and operations engineering. It is This is the seventh acquisition for UK-based Triton Group Holdings since Whitekirk who, since leading the external groups will also be able to also used for sales and management forming in 2007 with an ambitious strategy to build an international group of public inquiry into the Piper Alpha benefit from Expro’s technical and training, project management, and businesses offering a range of subsea technology and associated services. disaster, has focused on the critical professional expertise by taking supervisory training. Hydro Group Secure Funding for Growth From Aker Kvaerner to Aker Hydro Group plc, a global solutions New Multi-Million- provider of optical and electrical Solutions – Launch of New products in the subsea technology industry, has been granted £4 million Pound Base for World- Brand Identity capital funding by Clydesdale Bank to develop progressive new facilities. Renowned Tronic Team A major national and international supplier of harsh environment The announcement followed the engineered products to the offshore last ever Aker Kvaerner Annual oil and gas, defence, oceanographic, General Meeting. President & CEO, renewable energies, diving and Aker Kvaerner, a global provider to the Simen Lieungh, unveiled the brand ROV/AUV markets. Aberdeen based process and energy industries, has identity among shareholders and Hydro Group will use the secured changed its name to Aker Solutions. invited guests as well as to funding to build research, design and At the same time it launched its new stakeholders worldwide via engineering test facilities at logo and visual profile. webcast. Aberdeen Science and Energy Park. 2H Offshore Opens Regional Base in Malaysia 2H Offshore, an Acteon company, When it became clear that the announced it is now open for requirements of this market would Work will start shortly on creating a new multi-million- business in Kuala Lumpur in an effort coincide with our core skill-sets we pound base for international oilfield service company to meet deepwater engineering committed ourselves by forming a Expro’s Tronic products division in Ulverston, UK. The demands in Malaysia and the comprehensive plan to develop a new facility will consolidate the Tronic operations in a Asia–Pacific region. truly Malaysian business in the single, modern site, and provide an improved working The riser engineering specialists Asia–Pacific region. We recruited environment for employees. made known their commitment to local engineers and trained them so Around 260 people are currently employed across serve Malaysia with their expertise. that now we can use them in our several Tronic sites in the Ulverston area. The Frank Lim, principal director, said, ” local office. ambitious move will allow the business to consolidate “I started coming to Kuala Lumpur its operations in one location, which has the capacity on behalf of 2H Offshore in 2005. for more than 450 employees. 10 SUBSEA UK NEWS JUNE 2008 1 1 SUBSEA UK NEWS JUNE 2008 MEMBER UPDATES MEMBERS’ AWARDS & RECOGNITION Balmoral: Subsea Sector Investment Shines Brightly at Scottish Needed to Keep Enterprise Awards Pace With Major accomplishments in Scotland’s energy industry were honoured at Demand this year’s Scottish Offshore Achievement Awards. Subsea UK As the offshore industry, particularly members shined brightly with Subsea the subsea sector, continues to 7 obtaining the top award for overall predict levels of growth unheard of achievement as well as the export for many years, supply companies achievement award and, as an added must commit to substantial bonus, was highly commended in the investment simply to keep pace with succeeding through people category. the growing demand for enabling MCS received the technologies such as surface and Internationalisation of Scottish Skills subsurface buoyancy. awards and Brinker celebrated a Small Company and Rising Star for Klaire Evans, who was a joint winner Aberdeen-based Balmoral Offshore double win with Most Promising their business development manager, in this category.. Engineering has made such an very proud to announce the latest produce, test and provide on-time investment in its research and development in our syntactic delivery of a fully comprehensive manufacturing facilities to ensure its processing plant. ” range of buoyancy and PU products.” Hertfordshire-based Optical Metrology Services (OMS) has notched up client-base benefits from the very latest technology in terms of new “This is the latest upgrade to our facility in just over two years and OMS Measures another award for innovation. The UK company, which specialises in precision measurement services and tools for the oil and gas industry, has just and innovative materials, advanced processing techniques, enthusiastic provides Balmoral with a manufacturing capacity that is the up for Award scooped its third prestigious Pipeline Industries Guild award. OMS have added the Guild’s award for ‘Significant Contribution to Subsea project management and proven envy of the industry. Pipeline Technology’ in 2008 to other recent awards. The company has product performance. What does this mean to project previously won a Queen’s Award for Enterprise in Innovation and a Pipeline Jim Milne, Balmoral’s chairman and engineers though? Put simply, we are Industries Guild award for ‘Land Based Technology’ in 2007 and ‘Subsea Rigid Managing Director, told us: “I am optimally positioned to design, Pipeline Technology’ in 2004. Vetcogray to Expand Tritech Sonars Deepwater Capabilities With Uncover Secrets New, Multi-Million Dollar Test of Malta’s Centre at its Nailsea, UK Site Historic Water VetcoGray, a GE Oil & Gas business, has announced plans to build a new, multi-million dollar hyperbaric test centre at the company’s Nailsea site. Systems Located next to the existing assembly and test facilities, the new world- class test centre will utilize hyperbaric (high-pressure oxygen) technology to Miniature sonars, engineered by simulate operational conditions at the seabed. VetcoGray’s subsea control north east Scotland-based Tritech modules will be rigorously tested to identify any dormant fault conditions International Limited, have been that otherwise would be detected only after the pod was installed on the invaluable in helping to uncover the sea floor. deep secrets of Malta’s historic Dave Tucker, Chief Operating Officer of VetcoGray, noted: “Over the next fresh water systems. five years, most of our projects will involve testing of equipment at depths Several reservoir sites in Malta of 3,000 meters. But the trend in the industry is toward applications in and Gozo have been the focus of deeper water. Our new facility will have a test capability of 4,000 meters, collaborative archaeological enabling us to address the future needs of our customers. ” explorations by AURORA Trust, Marine Resources €1 Billion Boost to Technip’s Asset Base Development Foundation Leading engineering and construction company, Technip, recently announced and California it is to invest over 1 billion Euros in advancing and extending its asset base, Polytechnic including the addition of 4 new vessels to its already substantial fleet. State With the buoyant Oil and Gas market, Technip’s fleet, which support its University. Global subsea operations, has been working at near full capacity and with The the anticipated growth of the subsea sector, the decision to embark on the investigations aim to understand asset investment programme was deemed essential to ensure Technip the complexities of underground continues to provide its clients with sustainable solutions to optimise the cisterns and infrastructures and to management of the world’s energy resources. research their evolution. 12 SUBSEA UK NEWS JUNE 2008 MEMBERS AWARDS & RECOGNITION WWW.SUBSEAUK.COM Fundraising Trek To Mount Kilimanjaro Puts Local Charity On Top Of The World Local charity VSA is on top of the world after receiving a donation of over £1,000, thanks to the spirit of adventure of a DOF Subsea UK employee and the company’s financial support. Mona Petrie, a software engineer at the Aberdeen-based subsea operations support company, successfully reached the summit of Mount Kilimanjaro in Tanzania, known as “The Roof of Africa,” last month. Reaching the 5895 metre summit took seven days, during which time she encountered a whole spectrum of weather conditions, as well as suffering from altitude sickness. Subsea Intervention A Double Show of Support From Technip Team Passes Ten Technip has announced that it has This comes at a time when Technip Year Safety donated a substantial sum to help also announces that it has donated North East cancer charity, CLAN £2000 of Graphic Design software Milestone (Cancer Link Aberdeen & North) and ten ‘high end’ PCs to its partner launch the ‘123’ campaign, which school, Westhill Academy. The new The subsea intervention team within aims to raise £3 million over the equipment and software aims to help Chevron Upstream Europe’s (CUE) next two years. The money is being pupils complete coursework more drilling, completions and subsea raised to fund a new fit for purpose quickly and efficiently and allow them group (DCSG) recently achieved an support centre, which is needed to the chance to become more familiar outstanding safety milestone – 10 ensure the charity is able to meet with equipment used in the Industry; years of field operations without a the current and future needs of helping them ‘hit the ground running’ Days Away From Work Case people living with cancer in Aberdeen should they choose a career in the (DAFWC) incident. and the North of Scotland. Graphics discipline. Subsea UK The Innovation Centre, Exploration Drive, Aberdeen Science and Energy Park, Bridge of Don, With input from our membership, Subsea UK Aberdeen AB23 8GX Tel: +44 (0)1224 355355 Email: email@example.com www.subseauk.com News is published three times a year. In addition, Subsea UK News is translated into a Spanish (South American) version. If you While every effort has been made to ensure that the information presented in this newsletter is accurate, Subsea UK assumes no responsibility for errors, omissions, or out of date information and shall not be liable in any manner whatsoever for direct, indirect, would like to subscribe to our free newsletter incidental, consequential, or punitive damages resulting from the availability of, use of, access of, or inability to use this information. please contact firstname.lastname@example.org.