Subsea Innovation has been Awarded Two High-profile Contracts

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Posted December 4, 2018

Subsea Innovation Ltd, part of Tekmar Group plc, has announced two high profile contract wins with Royal IHC, as part of a collaborative framework agreement.

Subsea Innovation is a world leader in the design, manufacture and supply of complex engineered equipment and technology used in the offshore energy market.

Subsea Innovation will be supporting their client Royal IHC Limited on the design, development, manufacture and supply of back deck equipment on two projects to be completed throughout 2018 and 2019. For both projects, which include a reel lay project and a J lay project, Subsea Innovation will be producing a range of back deck equipment including Pipeline End Termination (PLET) manipulators, skids and workstations from concept through to delivery.

Dave Thompson, managing firector at Subsea Innovation, said, “We have an excellent relationship with Royal IHC and our teams work extremely closely together. Taking a concept from a blank sheet of paper through to full fabrication, test and delivery is hugely exciting.”

Both projects will be designed from Subsea Innovation’s head office in Darlington; working in collaboration with Royal IHC Limited teams based in the UK and Netherlands.

In August 2018 Subsea Innovation was acquired by Tekmar Group plc.

James Ritchie, CEO at Tekmar Group plc, said: “When we added Subsea Innovation into the Tekmar Group we knew this brought new capabilities, markets and strong cross-selling opportunities to the Tekmar Group; but we also knew their engineering team were very highly regarded and these two contracts really demonstrate this.”

Source: World Oil