Asset Management News

A Stena Drilling rig - Credit: Stena Drilling

SRO Updates Stena Drilling's Rigs with IBM’s Maximo System

Offshore drilling contractor Stena Drilling has had its asset management software system on six offshore rigs replaced.The company hired UK-based tech firm SRO Solutions which, over the course of 14 months replaced its existing asset management system with IBM’s Maximo software. Six engineers from SRO carried out the work, and also delivered training on the rig fleet in the Canary Islands, Israel, Guyana, and Scapa Flow in Scotland.SRO operations director Andrew Carrie led the project which is the 20th major asset management system upgrade SRO has undertaken, using IBM’s Maximo

Chris Fleming, Cyberhawk CEO

Drone Specialist Cyberhawk Lands 5-Year Deal with Shell

already been deployed by a number of customers to transform the way they manage their critical energy infrastructure across multiple sectors including oil and gas, electrical utilities and renewables. This deal further establishes our ability to set the gold standard in terms of data collection and asset management solutions. &ldquo

Illustration of floating solar plant at Banja reservoir - Credit: Statkraft

Norwegian Firms Deploying Floating Solar Plant in Albania

is operating its 72 MW Banja hydropower plant.“Now that all regulatory approvals are in place, we have issued a notice to proceed to Ocean Sun for implementing the first phase of the project. We look forward to start construction by the end of June”, says Head Advisor IP Strategy and Asset Management in Statkraft, Tom Kristian Larsen.In this first phase, Ocean Sun will deliver a complete floating 0.5 MWp DC system based on their innovative design for floating solar technology. The floating power plant will be constructed in collaboration between Ocean Sun and Statkraft, and is expected to

Image Credit: Fugro

Seamec Awards Fugro a 3-Year IRM Deal Offshore India

Dutch offshore services company Fugro has won a 3-year inspection, repair and maintenance (IRM) contract with Seamec in India.Under the contract, Fugro will support Seamec's asset management project for oil company  ONGC off the west coast of India.Fugro will provide Seamec with work-class remotely operated vehicle (ROV) services for 3 years from mid-June, with the option of a 2-year extension.The Seamec project involves inspection, repair, and maintenance of ONGC Mumbai’s offshore assets, which comprise processing and wellhead platforms, risers, subsea pipelines, pipeline end manifolds

© NickEyes/ Adobe Stock

LOC Offering 3D Digital Inspections

imaging, to create a virtual walkthrough of vessels and both offshore and onshore structures. The imaging will reveal areas that previously, in-person inspections were not able to reveal, which will allow companies or individuals to make better informed decisions when it comes to risk assessment, asset management and purchase or investment decisions on an asset, LOC said.In addition, via this platform, survey data collected from vessels, ports, onshore and offshore turbines as well as other assets across the offshore energy sector, can be analyzed by LOC in-house marine and engineering consultants to

Image: ROVCO

ROVCO Completes Galloper Offshore Wind Farm Project

to be combined and presented through a simple internet browser. Within the platform, Rovco’s clients view survey data libraries, reports, videos and 3D point clouds, as well as use tools to measure point-to-point distances, surface areas and volumes, providing a streamlined workflow for future asset management

Photo: Prysmian Group

Prysmian Secures Major Contract

a guaranteed time and at pre-agreed rates. Some of the projects included in the service agreement are BorWin2, BorWin3, DolWin3, SylWin1, HelWin1 and HelWin2. This service level agreement falls within the scope of the PowerLink Cable Solutions service, under which Prysmian delivers a comprehensive asset management solution for critical connections, including monitoring, periodical maintenance and repairs: a one-stop-shop solution approach enabling an unparalleled reduction in power cable downtime and total cost of ownership.This agreement is the latest of a series of contracts awarded by TenneT, who have

Photo: MAN Energy Solutions

MAN in Global Service Deal with Wallem

access to a dedicated global and local key account manager from MAN PrimeServ, MAN Energy Solutions’ after-sales division. MAN PrimeServ will manage the contract from Hong Kong in close cooperation with a network of over 100 global PrimeServ hubs.Wallem currently has over 200 vessels under asset management, operating from its head office in Hong Kong and ship-management hubs in Singapore, Hamburg, India and Cyprus. The agreement covers over 580 units of MAN Energy Solutions’ equipment aboard the diverse Wallem fleet that includes tankers, containerships, bulk carriers and vehicle carriers

Fairfield Geotechnologies Names Sugahara CEO

Charles "Chuck" Davison as CEO of the company.Sugahara, a third-generation family member at Fairfield Maxwell, is a Senior Vice President and the Treasurer of the company. Prior to joining Fairfield in 2004, he served as an Associate in the Hedge Fund Investments Group at Credit Suisse Asset Management and an Analyst in the Private Wealth Management division of Credit Suisse First Boston. Sugahara is the Chairman of the Sugahara Family Ownership Board, the Chairman of SpeedPro Imaging, the Chairman of Great American Lines, the Chairman of Fairfield-Maxwell Services and a former Director of

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