Asset Management News

Seatooth PipeLogger - MKII (Photo: WFS Technologies)

WFS Tackles Subsea Challenges with SIoT

particularly crucial for those operating in a largely maturing industry that suffers from a lack of connectivity and sensors in extreme conditions.“With 70% of subsea assets already at or beyond design life, our technology can determine the potential for late-life extension and support wider asset management.&rdquo

Barry MacLeod has been named CEO of the newly rebranded Rever Offshore (Photo: Rever Offshore)

Rever Offshore Names MacLeod CEO

Barry MacLeod as its new chief executive officer, replacing Mark Bessell, who stepped down from the role last month, for personal reasons.MacLeod’s appointment builds on eight years’ experience as board director of the company. His roles within Rever have included operations director, asset management director and – latterly – managing director; a post he has held for the past five years.MacLeod has extensive engineering and project management experience within the wider oil and gas industry, having delivered projects across the North Sea, Canada and West Africa with subsea contractors

(Photo: Nexans)

Nexans Forms IMR Team

a total length of over 1,100 kilometers of submarine and underground cables, spread over 19 systems on and offshore.“We encourage our customers to inspect and maintain their cable systems on a regular basis.” Skattum said. “Our IMR department can offer advice and help optimize asset management to build a concrete strategy for ensuring continuity of operations.&rdquo

Left to right: Jon Beatty and Greg Hammond (Photo: UTEC)

UTEC Makes Two Key Appointments

on the StarNet business unit director role having been with the business for more than 13 years. During this time, he has been instrumental in StarNet’s development, most recently as business development manager. Previously, Hammond supported the development of iSite, StarNet’s visual asset management solution

The Gwynt Y Mor wind farm. Photo from Rovco.

Subsea Robotics for Renewables

in Europe in 2017, double the capacity installed in 2016, according to WindEurope, a trade body. By 2020, WindEurope expects a total European offshore wind capacity of 25GW – with all the associated infrastructure that comes with it.HOME Offshore estimates that use of remote inspection and asset management of offshore wind farms and their connections to shore could be an industry worth up to £2 billion annually by 2025, just in the UK. The UK’s Offshore Renewable Energy (ORE) Catapult thinks that 20-40% savings could be made by using remote operations.  SurfaceUnmanned surface

(Image: Ardent)

New Consortium for Offshore Decommissioning

has the capability to take well operatorship, duty-holdership and title of offshore structures, in addition to providing independent third-party assurance.“This consortium offers a new, collaborative approach to decommissioning for operators,” highlights Steve Gilbert, Director of Asset Management and Decommissioning from LR. “It represents a fundamental step change for the industry, aligning assurance, project management and safe, fit-for-purpose removal and disposal.Global spending on oil and gas decommissioning is expected to be $13 billion per year by 2040.“Decommissioning

(Image: Kraken)

Kraken Wins Offshore Wind Energy Competition

time to generate an ultra high-resolution point cloud. SeaVision produces over 300,000 colored points per second and can reconstruct a 3D object in real-time with typical spatial accuracy of better than 2 millimeters. These datasets can be used to create highly detailed models for 3D visualization, asset management, artificial intelligence and predictive analytics

SeaVision generates high resolution 3D imagery for predictive analytics. (image: Kraken Robotics Inc.)

Partners to Advance Subsea Robotic Inspection

Machines event in San Francisco. "We look forward to developing complex solutions that offshore assets in challenging ocean conditions require."   Karl Kenny, Kraken's President and CEO, added, "Integrating our technologies with Avitas Systems will significantly enhance subsea asset management and provide improved safety, reduced costs and actionable intelligence for operators. We look forward to announcing our first contract during 4Q 2017."   Routine subsea inspections can be slow and costly and often include manual visual inspection with large margins of error. Utilizing

(Photo: Global Marine Group)

Global Marine Group Extends UK Footprint

response times for customers.   The expansion to the Port of Blyth is the latest step in GMG’s plan for continued growth and the development of a suite of local operational hubs situated where customers need support. Beginning in August, Blyth will serve as a regional base for strategic asset management and modular equipment storage, as well as a mobilization and deployment site for the GMG fleet, complementing the group’s existing operational U.K. bases at Grimsby, Lincolnshire and Portland, Dorset. A number of GMG assets, including C.S. Sovereign and CS Recorder, two multi-role DP2

Photo: John Crane

John Crane Wins North Sea Maintenance Data Contract

John Crane Asset Management Solutions has secured a contract to supply Maersk Oil with data services to support the planned maintenance strategy at one of the largest new developments in the U.K. North Sea.   At the Culzean field, John Crane Asset Management Solutions will provide data build services as well as establishing a maintenance plan for all topside equipment. A Detailed Criticality Analysis and Maintenance Definition (DCAMD) strategy will be developed to cover high-criticality equipment with generic procedures being used for non-critical appliances.  The Culzean gas condensate

Fugro Venturer (copyright Fassmer)

Fugro’s Newest Survey Vessel Goes to Work

innovation, where Fugro’s trademark technologies such as OARS (centralized command centers with direct access to offshore survey projects), Back2Base (enabling large amounts of survey data to be sent from offshore vessels to onshore processing centers and clients) and ROAMES (a powerful asset management solution streamlining subsea operations) are changing information delivery.   Fugro said it has secured a significant confirmed work backlog so that a campaign of site and pipeline route surveys, for clients including Aker BP, following commissioning and survey trials. Fugro Venturer

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