New Senior Management at Kreuz Subsea
has named AJ Jain chief executive officer and Balaji Bhashyam as chief operating officer. Jain brings to the CEO role more than 25 years of executive industry experience, having held a number of leadership positions in the oil and gas industry. His previous posts include managing director at Harkand Group where he was responsible for operations in North America and Africa. Prior to Harkand, he was part of the senior management team at Dynamic Industries International LLC responsible for international operations. He also held several senior executive assignments at Global Industries Ltd (acquired
Offshore Casualty: Harkand Group Collapses
As the prolonged slump in energy prices continues to drag on a number of oil and gas and maritime players, word has it that Harkand Group has succumbed, according to staff reports and a report on www.bbc.com. The company was a high-flyer building an enviable fleet of advanced tonnage. Established in 2012 and headquartered in London with operations bases in Aberdeen, Houston, Mexico, and Ghana, global subsea IRM group Harkand has been expanding its business operations rapidly throughout North America, Africa, the Asia Pacific and Europe, having won major contracts for its services and increasing
Harkand Names Brown to Gulf of Mexico Management Team
Global inspection, repair, maintenance (IRM) and light construction company Harkand informs it has made a key appointment by securing Mike Brown as general manager of diving services in North America. A U.S. Navy veteran, Brown has considerable experience of commercial diving in the offshore oil and gas sector having held number of senior positions in a career spanning more than 35 years. He was most recently working with Chet Morrison Contractors as general manager of the offshore construction division. Prior to CMC, he worked as vice president and general manager with EPIC Divers & Marine
Pile Installation with Total Controller, Total Viewer
The Acclaimed Software Company Ltd. announced a new software system designed for Harkand Andrews Survey to support pile installation operations. The Total Controller and Total Viewer systems have been successfully put into operation on a construction support vessel conducting precise pile installations. Harkand Andrews Survey have developed a technique for installing monopiles and transition pieces in offshore wind farms which allow observations to be collected remotely. This removes the necessity for a surveyor to physically access the pile for measurements during piling operations and
Vard to Build Harkland Offshore DSC Vessel
Vard Holdings says it has secured a contract with a new customer, Harkand Group (Harkand), for the design and construction of a Diving Support and Construction (DSC) Vessel. The value of the contract exceeds NOK 1 billion. The vessel is scheduled for delivery from Vard Søviknes in Norway in 2Q 2016. and the hull is to be delivered from Vard Tulcea in Romania. The contract includes an option for a second similar DSC vessel. The new order will be of VARD 3 03 design, specially designed and equipped for diving and subsea operation duties with a high focus on good sea-keeping abilities
Gujral Named New Harkand CFO
International subsea inspection, repair, maintenance (IRM) and light construction company Harkand announced the appointment of Ben Gujral as the group’s new chief financial officer. Gujral has more than a decade of experience at senior levels in private equity backed and PLC enterprises and has been instrumental in driving growth during periods of organizational change. In his previous role as CFO at Mood Media Corporation, he helped grow the business from enterprise value of $200 million to $1.2 billion, raised more than $1 billion in financing and managed the global in-store media
Harkand, Siem Offshore Sign Charter Agreement
Harkand has entered into a charter agreement with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV) Siem Spearfish. The agreement covers a firm period of five years with three yearly options and shall commence in May 2014. The vessel will support the development of the Harkand group in the provision of inspection, repair and maintenance (IRM) services in the deep water Gulf of Mexico. The DP2 vessel, built by Vard in Norway, has a 250t crane and will be fitted with two Triton XLX ROVs, as well as a complete survey spread. The Spearfish addition to the Harkand fleet marks an important
Harkand Appoints New CEO
Internatioanl subsea inspection, repair and maintenance (IRM) group Harkand announced the appointment of John Reed as its new chief executive officer as it embarks on the next stage of its ambitious growth strategy. Reed, an industry veteran with more than 30 years’ experience in the offshore engineering and construction sector, will lead the development of the company as it drives forward with its target of growing turnover to $1 billion in the next five years. Due to take over the reins in October, he replaces Nicolas Mouté who steered the group’s formation since inception
Harkand Appoints Chief Financial Officer
Harkand, the international subsea inspection, repair, maintenance and light construction group, has appointed Deborah Stevenson as the company’s new chief financial officer. A former CFO of both private equity-backed and FTSE 250 businesses in engineering and asset rich companies, Stevenson has particular experience of helping rapidly expanding businesses as they prepare for the next stage of growth. A Fellow of the Institute of Chartered Accountants England and Wales and an Associate Member of the Chartered Association of Corporate Treasurers, she will be based in Aberdeen with a remit
February 2024
