IKM Subsea Nets Long-Term K Line Offshore ROV Deal

K Line Offshore and IKM Subsea have come to an agreement to extend the current ROV services contracts on KL Sandefjord and KL Saltfjord by 5 years until mid-2020.

According to IKM, the contract value, including options, is NOK 140 million (approx. $17.2 million) and duration term is firm for 5 years + 2 yearly options.

“I am pleased to announce the news of this long term contract in these challenging times. We have had an excellent working relationship with K Line Offshore over the last 4 years and the fact that they are extending the contract by 5 years is a testament to the quality of service we have supplied.” emphasis Ben Pollard, Managing Director of IKM Subsea.

Since 2011, IKM Subsea has supplied two Merlin WR200 Work class ROVs onboard on the vessels and had in addition supplied the ROVs with personnel and other related services.

“We are looking forward to continue this great and longstanding cooperation with IKM Subsea” says Tomoyuki Okawa, Chief Executive Officer of K Line Offshore AS.

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FPSO Europe Congress

24/02/2016 - 25/02/2016

Pursuing Cost-Optimization & Project Excellence across Europe’s FPSO Value Chain!

Launched to great success in 2015, the FPSO Europe Congress is set to return on 24-25 February 2016 in London for yet another exciting gathering of Europe’s leading oil operators, FPSO contractors, EPCs, shipyards and solution providers to discuss the most topical and critical FPSO developments in the North Sea, Latin America, Brazil and West Africa market.

Why Attend the 2nd Annual FPSO Europe Congress?

Discover how FPSO leaders are embracing the new realities of a low oil price environment – what are the strategies to adopt in pursuit of viable economical FPSO projects?
Brainstorm with industry experts on innovative FPSO engineering, construction and technology breakthroughs leading to significant CAPEX and OPEX savings
Review, refine and optimize your existing FPSO operations - how can we enhance oil recovery and extend FPSO asset lifetime?
Learn from FPSO experts on the ins-and-outs of delivering successful FSPO projects in North Sea, West Africa, Latin America and Brazil – how can we comply with local content and form effective native partnerships?
Engage and form sustainable partnerships with European-based oil companies and FPSO contractors that are leading offshore E&P and FPSO projects in the region

2016 FPSO Distinguished Speakers Include:

Curtis Lohr, Stones Project Manager, Shell
David Hartell, Senior Development Manager, Premier Oil
Terry Hughes, Project Director, Tullow Oil
Sid Sircar, Facilities Delivery Manager – Catcher Development, Premier Oil
Michael Wyllie, Group Technology Director, SBM Offshore
Chris Brett, President, Teekay Offshore
Puneet Sharma, Vice President, MODEC
Eirik Barclay, CEO, Yinson Production

The FPSO Europe Congress 2016 is proud to bring you an updated program offering fresh perspectives, creative solutions and critical market intelligence fundamental to FPSO business sustainability as we discuss just HOW and WHAT you can do in pursuit of a viable, efficient and safe FPSO strategy.

For more information please visit the website at http://goo.gl/uvYsrk or email [email protected]

Topsides Platforms & Hulls

09/02/2016 - 11/02/2016

Topsides, Platforms & Hulls Conference & Exhibition is the offshore industry’s only event dedicated to the topsides, platforms and hulls…

The 16th North Sea Decommissioning Conference

15/02/2016 - 17/02/2016

The 2016-programme has been composed to shed light on the effect of the current low oil-price environment on the decommissioning market…

Substructures for UK Offshore Wind

23/02/2016 - 25/02/2016

Design, construction and installation

Optimising offshore substructures is one of the key challenges for reducing LCOE. Foundation designers have produced a variety of different solutions: monopiles, GBS, jackets, suction buckets and floating foundations. Looking at U.K. projects – different soils, water depths,fabrication timelines and installation challengescreate many questions for the industry to solve. We’re entering uncharted territory; projects arelarger, farther and more complex than ever completed.

Now is the time to have a close look at lessons learnt and define the room for improvement for the U.K. wind industry.

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