Ocean Power Technologies Names New CFO
.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors, a private equity-owned provider of outsourced back-office operations and compliance services. He has held financial leadership roles with Sterling Talent Solutions, Wood Group PPS - a division of Wood Group, GTE, SABIC Innovative Plastics, and Plug Power. He has also provided financial consulting services to various companies. Philipp Stratmann, OPT President, and Chief Executive Officer said: “We are thrilled to welcome Bob to OPT, where we expect him
Subsea Battery Developer EC-OG Names Chairman to Help it Grow
Aberdeen-based subsea battery developer EC-OG has appointed Bob MacDonald, a former Wood Group man - now Wood - as Chairman.MacDonald previously served as Chief Executive Officer of the Specialist Technology Solutions (STS) business for energy services specialist Wood.MacDonald is a Chartered Engineer & Fellow of the Institute of Marine Engineering, Science and Technology (IMarEST), a Fellow & Council Member of the Society of Underwater Technology (SUT) and has been involved with the government initiative ‘Developing the Young Workforce’ (DYW) since its inception.He joins EC-OG
Offshore Pipeline Market to Grow 6.5%
12,500km during the forecast period.Countries such as Russia, Georgia, and Ukarine are likely to drive the growth of the offshore pipeline market during the forecast period.The major players in the global offshore pipeline market, are Saipem (Italy), Subsea 7 (UK), McDermott (US), Sapura (Malaysia), Wood Group (UK), Technip (UK), Fugro (Netherlands), Atteris (Australia), Penspen (UK), Petrofac (UK), and Senaat (UAE)
PDi Taps O’Sullivan as New CEO
25 years’ subsea oil and gas experience to PDi, O’Sullivan began his career in the subsea industry with riser consultancy MCS, serving in a variety of technical and managerial positions. This culminated in his appointment as Managing Director of MCS UK in 2009 - following its acquisition by Wood Group – a position he held until 2013. Subsequently running JP Kenny’s operations in Aberdeen, he most recently held the position Vice President of Application Engineering for the Aker Solutions UK products business.In his new role, O’Sullivan will be responsible for growing PDi&rsquo
Wood Group Wins Ichthys Subsea Deal
Wood Group has secured a new, five-year contract with INPEX Operations Australia Pty Ltd (INPEX Australia) to provide subsea engineering services for the integrity of the INPEX-operated Ichthys LNG Project, offshore Western Australia. The operations of all subsea assets and the gas export pipeline will be supported under the contract which includes two, one-year extension options and is effective immediately. It continues Wood Group’s 12-year support of the Ichthys LNG Project development; providing subsea engineering and project management services during the concept
Engineers Aid UK Subsea Diversification Drive
Two engineers from Wood Group have supported the National Subsea Research Initiative (NSRI) in its drive to speed up the development and implementation of near to market technologies in the subsea sector. Jamie McCallum and Christer Fjellroth, who are both working toward becoming Chartered Engineers, beat off competition from a number of hopefuls who applied to join NSRI on a one year secondment last year. Over the past 12 months, McCallum and Fjellroth have carried out a number of engineering studies in a bid to widen the remit of NSRI’s initial oil and gas focus. McCallum was
Pemex Delves Deep into UK Subsea Sector
the seabed during a fact-finding visit to Aberdeen. Organized in partnership with the Department of International Trade (DIT), the five-day subsea learning event included site visits to some of the sector’s most innovative companies, including GE Oil & Gas, Aker Solutions, Hydrasun, Wood Group, BP and ROVOP. The delegation experienced what it’s like to operate a remotely operated vehicle (ROV), learnt about diving operations and toured a number of subsea manufacturing plants. The mission provided a broad but in-depth overview of the sector, covering how technology has
Bourbon wins Pipelay EPCI Contract for Hylia Project
the engineering, procurement, construction and installation of 25 km of 6” rigid pipeline as part of the Hylia Water Injection Project using Zap-Lok technology. For the execution of this contract, BOURBON is subcontracting key suppliers, mainly Cortez Subsea, for pipelay equipment and Wood Group for the pipeline design and pipelay engineering. Operations are scheduled to start in Q2 2017 offshore Gabon with an MPSV from the Bourbon Evolution 800 series. ROV services and a PSV, all provided by BOURBON, will also support survey and air diving operations for spool and riser installation.
Wood Group Bags Hess Contract in Malaysia
Wood Group has been awarded a five year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is to support Hess' new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150km north east of the Peninsular Malaysia, and includes a one-year extension option. Delivered by Wood Group's Kuala Lumpur office, the contract will support up to 130 new full-time positions in Malaysia. Integrated operations and maintenance services including core offshore personnel, onshore technical support, training and
February 2024
