Motive Offshore Buys Flowline Specialists
valued Flowline as both client and supplier. We have operated as partners on a number of projects which, in itself, illustrates the respect we have for the company built by its previous owners.”Greg Herrera, Senior Partner at EV Private Equity, which made a high-profile investment in Motive Offshore Group in 2019 added: “Despite the disruptive circumstances of 2020 both Motive and Flowline have risen to the challenge. They have delivered significant growth from 2019 and a combined turnover of £26million for 2020 is based upon a razor-sharp focus on maximum service quality, higher ESG
Motive Offshore Appoints Leith
Motive Offshore Group appointed David Leith as Rentals Division Manager.Motive Offshore Group has also reported an impressive start to 2020 for its Rentals division, with first quarter results exceeding initial expectations.Launched in 2010 by James Gregg and Dave Acton, Motive Offshore Group is headquartered in Boyndie, Banff, Scotland, with additional offices in Aberdeen, Houston, Norway and the Middle East.
Motive Offshore Acquires Pumptech, Launches Flexibles Arm
Marine equipment fabrication and rental company Motive Offshore Group has rounded off the final quarter of 2019 with the launch of a new Flexibles division and supporting acquisition.Motive has completed the acquisition of Stavanger-based Pumptech for a seven-figure sum, as part of its growth strategy following significant investment earlier this year from private equity firm EV Private Equity.Specialists in flexible flowlines and umbilical testing, Pumptech also brings a notably-large fleet of zone 2-accredited hydraulic pump units (HPUs). On the back of a strong successful international
Pharos Adds Jet-Trenching ROV
Pharos Offshore Group said it recently expanded its portfolio of trenching assets with the state-of-the-art Q1000 jet-trenching remotely operated underwater vehicle (ROV) from manufacturer SMD.The latest addition to Pharos Offshore’s rental fleet, the Q1000 features a high-tech control and measurement system, sea-state 6 launch and recovery system (LARS) and a modular design which enables the Q1000 to be rapidly shipped, set-up and ready to operate anywhere in the world.The Q1000 is optimal for pre-lay or post-lay trenching operations of subsea pipelines, cables and umbilicals, with the advantageo
MeeMaken Buys Into Blue Offshore
Venture capital company MeeMaken BV has acquired a majority stake in Dutch carousel and tensioner manufacturer Blue Offshore Group. Blue Offshore’s management team will maintain ownership of a minority of the company’s shares.Blue Offshore, headquartered in The Hague, the Netherlands, supplies basket carousels and tensioners for the offshore installation, transportation and storage of export cables, array cables, umbilicals and flexible pipelines in the offshore oil and gas industry, as well as the offshore renewable energy sector.MeeMaken, which has a large global network and a portfolio
Motive Offshore Appoints Brebner as Finance Director
Motive Offshore Group, which is headquartered in Boyndie, Aberdeenshire, has seen a record turnover for 2018 and is set to exceed its projected 20% increase on the previous year.To support founding directors James Gregg and Dave Acton with their ongoing growth strategy for the business, John Brebner has joined the management team as finance director as Motive plans to start on the acquisition trail in 2019.Brebner, who has been a non-executive director on Motive’s board since February last year, is a finance specialist with 34 years banking experience and is a seasoned advisor to SME and corporate
Subsea Robotics for Renewables
performance monitoring while new designs such as jackets, which are constructed using welded nodes, will also present inspection challenges, says the OWA.In addition, currently 70% of subsea power cable failure modes cannot be monitored in-situ, inhibiting accurate health monitoring, says the HOME Offshore group. “By integrating technologies, such as autonomous underwater vehicles and advanced sonar technology, we will gain a new insight into the condition of these subsea assets,” says Dr David Flynn, director of the Smart Systems Group at Heriot-Watt University, and a member of the HOME
Motive Offshore Invests $2.4 Mln in Specialist Fleet
A U.K. offshore services firm has invested £1.7 million ($2.4 million) in specialist equipment to meet demand from clients across the globe. Motive Offshore Group headquartered in Boyndie said it has added 22 items to its range of equipment during 2017. The investment included the biggest Spooler (350Te) built by the company to date, which is being sent to Brazil for a long-term project. Other key additions, which were built for specific client projects during 2017, included three specialist deck cranes designed; hydraulic power units, including the largest diesel unit
Light Well Intervention: TechnipFMC, Island Offshore Partner
TechnipFMC said it has signed an agreement with the Island Offshore group to acquire a 51 percent stake in Island Offshore’s wholly owned subsidiary, Island Offshore Subsea AS. Island Offshore Subsea AS provides Riserless Light Well Intervention (RLWI) project management and engineering services for plug and abandonment (P&A), riserless coiled tubing and well completion operations. Island Offshore Subsea AS employs approximately 80 staff. Island Offshore Subsea AS has developed proprietary designs related to subsea P&A and riserless coiled tubing. In connection
February 2024
