OEG Offshore Invests in Electric Subsea Excavation Solution Firm
Aberdeenshire-based OEG Offshore has invested in SEAJET Systems Limited (SEAJET), the developer of an all-electric controlled flow excavation (E-CFE) solution for the offshore energy sector.According to OEG Offshore, SEAJET has recently patented the "world's first ever" twin electric powered version of the E-CFE technology.The system, dubbed "revolutionary" is being developed with a "multi-million pound" cash injection.The company said that the system brings with it "a step change in system performance and operational health, safety and environmental
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
Bibby Offshore Invests in Fleet
Bibby Offshore invested nearly $45m in the past six months towards increasing its international fleet of subsea support vessels by 40%. Most recently, the company signed a contract to charter EDT Jane, a newbuild remotely operated vehicle support vessel (ROVSV). The company now boasts a fleet of eight vessels and 15 ROVs. This dedicated ROVSV with full survey and inspection spread will be mobilized from April 2014 as part of a 180-day charter, with options to extend for an additional three years. With the continued growth of Bibby Offshore’s sister company, Bibby Remote Intervention