Royal IHC Secures Launch Customer for Its New Surface Fed Amphibious Hi-Traq Jetter
Royal IHC announced it has secured a contract to supply U.S.-based Caldwell Marine International (CMI), with a newbuild Amphibious Hi-Traq Jetter.This subsea tracked trenching vehicle is the first of its type to be owned and operated by a specialist U.S. cable installation contractor.Brett Bailey, general manager at CMI, said, “This state-of-the-art instrument significantly increases CMI’s cable burial capabilities and allows us to better approach complex submarine cable installations. The Surface Fed Amphibious Hi-Traq Jetter will play an important role in the ongoing future successes of
HAL to Sell 60% Stake in Offshore Foundation Installation Specialist IQIP
HAL, the Dutch investment subsidiary of HAL Holding, has agreed to sell 60% in IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets.HAL acquired IQIP from Royal IHC in March 2023.The company has now agreed to sell 40% of IQIP to AvH Growth Capital NV1 (“AvH”) and 20% to MerweOord B.V.MerweOord can increase its shareholding to 33.33% during 2024, which would result in HAL, AvH, and MerweOord owning one-third of IQIP’s shares, each.The transaction is based on an equity value of IQIP, adjusted for dividend, of
HAL Buys Offshore Installation Equipment Firm IQIP from Royal IHC
HAL, the Dutch investment subsidiary of HAL Holding, has acquired IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets from Royal IHC for an undisclosed fee.IQIP is active worldwide and both sells and rents out equipment. According to HAL, IQIP's revenue over the financial year ending December 31, 2022, amounted to € 102 million. IQIP is based and has approximately 300 employees.The sale involves the transfer of 100% of the shares of IQIP Holding B.V. to HAL. "For Royal IHC, this is an important
Subsea Mining: Arctic Canadian Diamond, IHC unveil innovative Crawler
crawler the ore is pumped to the surface of the flooded pit via a vertical pipeline system to the Launch and Recovery Platform, from where the ore is transported further to a dewatering plant. The crawler system is capable of operating at a water depth of up to 400m.The mining crawler will be built at Royal IHC’s premises in the UK and delivered to Arctic Canadian late 2023. It will then be trialled in the Lynx pit in the summer of 2024, together with the other components of the URM solution. The goal will be the extraction of approximately 150,000 tonnes of Lynx kimberlite ore
Arctic Canadian Diamond Company, IHC Mining Working to Build Underwater Remote Mining System
Royal IHC's IHC Mining has, with Arctic Canadian Diamond Company, been working on the development of an underwater remote mining (URM) system for the extraction of diamond-bearing kimberlite ore from deep open pits at the Ekati Diamond Mine in the Northwest Territories of Canada. The URM system consists of a floating platform, an underwater mining crawler, and a land-based dewatering plant. Arctic has now awarded IHC Mining with a contract to build and deliver a Launch and Recovery Platform for the URM system. This contract is the first major equipment scope being awarded by Arctic
Royal IHC Sheds Diving, Hyperbaric Division
Royal IHC announced that on the December 24, 2021, it sold IHC Hytech B.V. (Hytech) to private investors who have established Pommec Hytech Holding B.V. Buyers plan to merge the operations of Hytech with those of Pommec B.V. (Pommec).Hytech specializes in the design and manufacturing of high quality, professional diving and hyperbaric equipment. Hytech designs, produces and delivers innovative, sustainable and integrated equipment for the diving, governmental, tunneling, life support and medical markets. Other than the medical market, Pommec is currently active in all markets that Hytech operates in.
Royal IHC's Hi-Traq Mk 1 Trenching Vehicle Wraps First GoM Campaign
Dutch company Royal IHC has via its Offshore Energy Division delivered a Hi-Traq Mk 1 multi-purpose trenching vehicle to a UK-based company for operations in the Gulf of Mexico.According to Royal IHC, which did not reveal the name of the client, the trenching vehicle has recently completed its first campaign, proving the revolutionary technology.The 1,600-horsepower vehicle can be configured for pipe or cable installation. Tooling packages (mechanical cutter and high-powered jetting) suit a spectrum of seabed conditions and terrains, the company said.The four-track design allows the vehicle to navigate
VIDEO: Subsea 7 Expands Fleet with Newbuild Reel-lay Vessel Skandi Vega
Offshore installation specialist Subsea 7 has expanded its fleet with newbuild reel-lay vessel Seven Vega.Built by Dutch shipbuilder Royal IHC, the Seven Vega is 149 meters long, with a breadth of 33 meters, and a Class 3 dynamic positioning system.Its reel-lay system has a 600-ton top tension capacity consisting of a 32-meter main reel and a 17-meter auxiliary reel with a maximum storage capacity of 5,600 and 1,600 tons respectively. The vessel is fitted with cranes offering a lifting capacity of 250 and 50 tons, and several smaller cranes alongside two side-launching work-class remotely operated
SWORD Seafloor Rig Set for Sea Trials
Royal IHC, a Dutch marine equipment and vessel provider, has said that extensive tests have been completed on a new seabed geotechnical drill designed for offshore wind and oil and gas markets, and the rig will now go on seatrials before hitting the market.The seafloor rig, named SWORD (sonic wireline-operated remote drill), has, according to Royal IHC, has successfully completed an extensive testing program including harbor trials. The seafloor rig has been developed by TI Geosciences LTD, a start-up backed by Royal IHC."SWORD is now ready to be set-up onto its permanent vessel and start sea
February 2024
