Asset Management News

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

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

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