Harkand announces new business bolsters position in inspection, repair and maintenance market Wednesday, Jun 26, 2013
Harkand has bolstered its recent expansion in the subsea inspection, repair and maintenance market by securing contracts in excess of £20 million for execution in 2013.
Under a contract with TAQA Bratani Ltd, the diving support vessel Harkand Atlantis will be deployed to conduct general IRM works at the operator's assets in the northern North Sea. The work is scheduled to commence in summer 2013.
The vessel and her crew have also been sub-contracted by DOF Subsea UK Ltd to support the reinstatement of the Banff field in the central North Sea from September 2013.
The scope includes tie-ins, pre-commissioning activities and associated diving project management and engineering works.
David Kerr, Managing Director for Europe with Harkand ISS, said: "These are significant wins for us. Securing new business with high profile international oil and gas organisations is a key part of our growth strategy as we move forward.
"These contract awards not only cement our position as a growing name in the provision of vessels to support the offshore industry, they recognise our ability to deliver quality and reliability to UK operators looking to extend the life of their North Sea assets.
"Through continuous investment in our people, infrastructure and vessels, we are demonstrating our commitment to the industry with a service that is driven by safety and quality."
Harkand aims to become a leading global name in subsea inspection, repair and maintenance focused on attaining the highest standards in health, safety, quality and environmental performance along with first class project execution.
The Group was launched in February 2013 through the merger of Iremis, Integrated Subsea Services (ISS) and Andrews Survey following investment by Oaktree Capital Management. Employing 750 people at bases in Aberdeen in the UK, Dubai in the Middle East and Singapore and Perth in Asia Pacific, Harkand aims to grow turnover to $1 billion in the next five years.
The Harkand Atlantis is a 115m state-of-the-art diving support vessel featuring an 18 man saturation diving system rated to 300m. Capable of accommodating 120 people, it boasts 2 x three-man diving bells, 2 x hyperbaric lifeboats, 2 x air diving LARS, an observation ROV and a 140t AHC main crane.
