Ecosse IP Trials Subsea Lifting Tech
believes the technology could potentially replace the need for heavy-lift vessels and improve safety by removing the need for subsea divers. Furthermore, it will reduce offshore waiting times as the system can operate in challenging sea conditions, in contrast to current methods of delivery, it said.Mike Wilson, Ecosse IP, said, "The 10Te Ambient Lifter, using either an ROV or an [autonomous underwater vehicle (AUV)], will free swim with over 200 times the weight of a conventional ROV, which is limited to about 50kg. The ability of lifting 10,000kg opens up the scope of subsea construction, subsea
Oceaneering Acquires Ecosse Subsea
tools to optimize installation projects. The addition of Ecosse reflects our commitment to expand into the adjacent renewable energy market to more comprehensively serve the offshore energy industry. We expect the acquisition to be accretive to Oceaneering's 2018 cash flow and earnings." Mike Wilson, former Chairman of Ecosse, said, "This is a strategic opportunity for our customers and our employees. Oceaneering has outstanding people, a global presence, innovative technologies and diversified services and products. Together we can establish a stronger platform to take on even larger
Ecosse Subsea Doubles Turnover
to $9.3m. ESS said the strong financial performance was a result of previous R&D spend of more than $13m and increased adoption of its SCAR technologies for offshore renewables and interconnector projects, aligned to growth in oil and gas engineering activities. ESS chairman, Mike Wilson, said: “We have concluded a number of major offshore windfarm projects and interconnector contracts in the last year and our greatly increased market share is reflected in these excellent results.” Managing director Mark Gillespie said: “We continue to invest significantly
ESS Appoints Gillespie as Managing Director
; experience in the oil and gas industry, holding senior technical, commercial and contractual management roles in Technip, CSL, GE Oil & Gas, Centrica and Talisman. More recently he was managing director of Aberdeen-based engineering and project management consultancy PDi Ltd. ESS founder Mike Wilson said the appointment strengthens the management team and introduces new skills needed to accelerate the business through the next level of growth. As Chairman, Wilson will continue to have strategic oversight of ESS and will concentrate on business-to-business relationships, special projects and
Middleton Joins Ecosse Subsea Systems
of a number of important onshore and offshore brownfield, decommissioning and greenfield projects. He was latterly supply chain manager for Shell projects in the UK, Ireland and Netherlands, with responsibility for an annual budget in excess of £2.5 billion. ESS managing director, Mike Wilson, said the appointment was a step-change for the business which was a precursor to a sustained period of growth fuelled by expansion in to new markets.
Handelsbanken helps Fund Ecosse Expansion
, ESS required a banking relationship which provided performance bonds and guarantees to its clients and Handelsbanken’s Aberdeen branch stepped in to offer full banking services, including a multi-million-pound revolving credit and bonds and guarantee facility. ESS managing director, Mike Wilson, said: “Until now Ecosse has been self-financing but our track-record for completing high-value and complex subsea contracts, means we need a more rounded banking service. As we win larger contracts, our clients require us to have a more sophisticated banking facility and we are delighted
‘Early Adopter’ ESS Reaps Benefits of Renewables Switch
Baltic Sea, the Far East and USA. The latest accounts for the year to 31 March 2016 lodged at Company House, show a turnover of £12 million compared to £17.6 million the previous year, while profits were £704,000 compared to £1.3 million ESS managing director, Mike Wilson, predicted a bright future following the transition in to renewables and after a year which included exceptional R&D investment of £1.4 million on the company’s SCAR 2 seabed preparation system, which is the largest boulder clearing tool in the world. Wilson said, &ldquo
Carousel Acquisition Marks ESS, Bibby Collaboration
on a windfarm construction project off the UK’s east coast. The carousel may be further upgraded to provide a 2000-ton capability for Bibby Offshore, with the redesign and manufacture being managed by ESS at their fabrication facility in County Durham. ESS managing director, Mike Wilson, said: “A lack of availability of carousels which were in high demand for traditional oil and gas and renewables projects prompted us to design and manufacture our own. “It was a calculated risk at the time but it has paid off and the strong performance track record of our
Bibby Steers to Offshore Cable Installation
entry into the cable lay market strengthens its renewables offering in the North Sea. "We have worked with ESS in the subsea market for more than a decade, and this new strategic alliance will help us further our offshore offering and support our diverse client base,” Moonie added. Mike Wilson, Managing Director of Ecosse Subsea Systems Limited, said collaborating with Bibby Offshore in the offshore wind arena "will enable us to tackle much bigger projects and clients with the opportunity to use a genuine U.K. owned and operated supply chain in this sector.&rdquo
February 2024
