• 1StructuralRepairClamps1.jpg
  • 1StructuralRepairClamps2.jpg
  • 1StructuralRepairClamps3.jpg
  • 1StructuralRepairClamps4.jpg
  • 1StructuralRepairClamps5.jpg
  • AA_LARS.jpg
  • Clamp.jpg
  • CuttingTool.jpg
  • FactoryFloor.jpg
  • home_2.jpg
  • home_5.jpg
  • home_10.jpg
  • MattressSystem.jpg
  • MoonPool.jpg
  • Pit.jpg

Latest news

Subsea Innovation announces two high profile contract awards

More...

 

Image: Dave Thompson, Managing Director at Subsea Innovation.

 

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 Director 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 are very highly regarded and these two contracts really demonstrate this.”

Subsea Innovation Limited is one of Tekmar Group plc’s three primary operating companies; in addition to Tekmar Energy Limited and AgileTek Engineering Limited.

Tekmar Group’s vision is to become the partner of choice for the supply and installation support of subsea protection equipment to the global offshore energy markets.

ENDS

Image caption: Dave Thompson, Managing Director at Subsea Innovation. Download the full resolution image here.

Subsea Innovation is a world leader in the design, manufacture and supply of complex engineered equipment and technology used in the offshore energy market. Its products range from large equipment handling systems which operate on the back of installation vessels, pipeline repair clamps which protect major oil and gas pipelines, and equipment for the construction of offshore oil and gas projects. The business also has an extremely skilled engineering design team who develop world-leading concepts for some of the world’s most challenging and exciting projects.

Discover more at https://www.subsea.co.uk/

For further information contact: Steve Pugh, Head of Marketing and Strategy, Tekmar Group plc, This email address is being protected from spambots. You need JavaScript enabled to view it.

ABOUT TEKMAR GROUP

Tekmar Group plc’s vision is to become the partner of choice for the supply and installation support of subsea protection equipment to the global offshore energy markets. The Group has three primary operating companies; these are Tekmar Energy Limited, AgileTek Engineering Limited and Subsea Innovation Limited.

Tekmar Energy is a global market leader in subsea cable, umbilical and flexible pipe protection systems. Tekmar have been trusted to protect billions of Euros worth of assets in the offshore wind, oil & gas, wave, tidal and interconnector markets.

AgileTek Engineering is an award-winning subsea engineering consultancy. AgileTek de-risks offshore projects through advanced computer simulation and analysis.

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

Subsea Innovation host Sir Michael Fallon to discuss UK offshore wind

More...

 

Left to right: Bill Scott (CEO Wilton Engineering), Sir Michael Fallon, Pierre Boyde (Managing Director Cable Installation & Trenching, Deep Ocean), Alasdair MacDonald (Chairman, Tekmar Group plc) who spoke at the supply chain event in Darlington

 

Former Energy Minister Rt Hon Sir Michael Fallon MP has told a group of offshore wind supply chain companies the introduction of a Local Content Commissioner would help champion British industry in the sector.

Speaking at an event held at Subsea Innovation, part of Tekmar Group plc, in Darlington, Mr Fallon updated members of the North East of England offshore wind supply chain on the feedback and reaction to his report, ‘Winning Locally, Going Global’, from the industry and politicians.

In the report, which was commissioned by Wilton Engineering, Mr Fallon made a number of headline recommendations, including a new 60 percent target for UK content for offshore wind projects in British waters.

Sir Michael also concluded that expenditure on each wind farm development should be reported in a more transparent way that includes added-value in both jobs and local skills.

Since the report was published earlier this year, several recommendations have been progressed by government, most notably the need for a confirmed timetable for future licences and Contracts for Difference (CfD) auction rounds, which was announced by Energy Minister Claire Perry in July.

In addition to updating invited guests on the reaction to the report and its conclusions, Sir Michael also discussed the creation of a Local Content Commissioner to monitor and support UK industry in the application of the 60 percent target.

Sir Michael Fallon said: “Where I think there is more agreement is the need for better reporting of UK content, more transparency and external verification, which I hope will form part of the Sector Deal.

“But even if it is, it may not offer sufficient reassurance if the next Contract for Difference (CfD) auction turns out to be the most intense yet, with bid prices falling still further.

“There is a danger, therefore, that while the consumer will certainly benefit, British companies may lose out. So, I am attracted by the proposal for Local Supply Chain Commissioners who can properly champion local businesses in the supply chain and help monitor market entry for new SMEs.

“Local Commissioners need not bring another layer of regulation or bureaucracy. We already have equivalent commissioners for small businesses, for supermarkets and pub tenancies.

“They would enable companies in the supply chain to feel they had a referee, and one on the local pitch; developers might then be more cautious about brushing aside local tenders.”

Pierre Boyde, Managing Director Cable Installation & Trenching, DeepOcean, said: “Sir Michael’s report has highlighted the key issues facing the supply chain and delivered some positive proposals that can make a very real difference to the role British companies play in the offshore wind industry. This includes the Local Content Commissioner, which is a great idea that needs further exploration and discussion that we are keen to be part of.”

ENDS

Replicated with permission from Recognition PR. https://www.recognitionpr.co.uk/clients/id/23558

 

Subsea Innovation announces major contract win with Subsea 7

More...

 

 

Subsea Innovation Ltd, part of Tekmar Group plc, has announced a major contract win with Subea7.

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 recently developed a next-generation seal for their Pipe in Pipe Waterstops, designed to deal with issues experienced when using High Frequency Welded (HFW) pipes and seam welded pipes which are being introduced within the industry as part of cost-saving measures.

Subsea Innovation are the only supplier in the world to have successfully tested Waterstop seals with a proven record on HFW and seam welded pipes. HFW or seam welded pipes often require localised polishing to improve the sealing ability; whereas Subsea Innovation’s next-generation SIStop® Waterstop Seal eliminates the need for this, sealing on pipes with greater surface defects and impurities.

The next-generation seals were designed and developed from Subsea Innovation’s head office in Darlington.

Following the announcement, the new SIStop® Waterstop Seal will be used on two Norwegian projects including the Skogul project for Aker BP and the Wintershall Nova project.

Dave Thompson, Managing Director of Subsea Innovation, said: “Winning these projects for a client as prestigious as Subsea 7 is recognition of the hard work of the team.”

Subsea Innovation Limited are one of Tekmar Group plc’s three primary operating companies; in addition to Tekmar Energy Limited and AgileTek Engineering Limited.

Subsea Innovation products range from large equipment handling systems which operate on the back of installation vessels, pipeline repair clamps which protect major oil and gas pipelines, and equipment for the construction of offshore oil and gas projects. The business also has an engineering design team who develop world-leading concepts for some of the world’s most challenging environments.

Tekmar Group’s vision is to become the partner of choice for the supply and installation support of subsea protection equipment to the global offshore energy markets.

Discover more at https://www.subsea.co.uk/

ENDS

 

What are Waterstops and Pipe In Pipe (PIP) systems?

Pipe In Pipe systems are two concentric pipes often consisting an inner pipe or flowline, and an outer pipe or carrier pipe. Centralisers are placed between the carrier pipe and flowline to keep the flowline centered, minimising contact with the environment, therefore reducing the amount of insulation required. The annulus between the two pipes can be filled with air or a passive thermal insulation to reduce heat loss. Waterstop Seals provide a solution for isolating a section of flooded annulus by preventing water passage to the adjacent Pipe-In-Pipe sections during installation and normal operation.

 

Tekmar Group announces proposed acquisition of Subsea Innovation

More...

Tekmar plc logo

Tekmar Group plc, a market-leading technology provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services, is pleased to announce that it has today signed a sale and purchase agreement for the acquisition of Subsea Innovation Ltd. The Proposed Acquisition is subject to shareholder approval.

The proposed acquisition represents the Group’s first transaction since its successful AIM admission in June 2018, launching the Group’s strategy to acquire offshore energy businesses which have a clear technology focus, have complementary customer bases and can leverage Group support. Subsea Innovation, which currently operates largely in the global oil and gas market will bring world-class engineering in the design, development and manufacture of back deck equipment and subsea pipeline repair clamps (“EPRC”) to Tekmar’s portfolio, along with a blue chip client list and a skilled engineering team.

James Ritchie, CEO of Tekmar Group plc, said:

“When we floated on AIM we promised investors a dynamic business with a clear plan for the future. Today is just one part of the implementation of that plan and we are delighted to welcome Subsea Innovation into the Tekmar Group.”

He continued “As we continue through into 2019, you will continue to see us work towards our vision to become the partner of choice for the supply and installation support of subsea protection technology to the global energy markets. We will continue to put clients first and continue to innovate to remain at the forefront of the world’s offshore energy industries.”

Background

Subsea Innovation is a world leader in the design, manufacture and supply of complex engineered equipment and technology used in the offshore energy market. Its products range from large equipment handling systems which operate on the back of installation vessels, pipeline repair clamps which protect major oil and gas pipelines, and equipment for the construction of offshore oil and gas projects. The business also has an extremely skilled engineering design team who develop world-leading concepts for some of the world’s most challenging and exciting projects.

Subsea Innovation employs 27 skilled staff, including a highly experienced management team, all of whom will remain with the business post acquisition.

The addition of Subsea Innovation’s engineering team will add 16 specialist engineers to aid the development of new products for Group companies; in addition to adding long standing relationships with key EPC clients such as Technip FMC, Saipem and Subsea7 and oil and gas operators including the likes of BP, Shell and Total.

Subsea Innovation and Tekmar have shared heritage. In 2011, Tekmar Subsea Limited, originally founded by two commercial divers in 1985, divided to form two new entities Tekmar Energy Limited and Subsea Innovation Ltd.

Alasdair MacDonald, Non-executive Chairman of Tekmar, said:

“Given the heritage, focus on engineering excellence, complementary products, shared markets and Subsea Innovation’s track record in the delivery of back deck deployment equipment, the Board of Tekmar believes the acquisition is an excellent commercial, cultural and technical fit.”

He continued “Our vision is to continue building on Tekmar’s position as the global leader in subsea cable protection systems in the offshore wind market and to become the partner of choice for the supply of subsea protection equipment to the global energy markets. Subsea Innovation bring new capabilities, new markets and strong cross selling opportunities to the Group. Subsea Innovation’s blue chip global client base will open up new sales opportunities for our offshore wind business. Equally, we expect Subsea Innovation to benefit from Tekmar’s trusted name in offshore wind, opening up sales and supply chain opportunities for the previously wholly oil and gas focused business.”

Dave Thompson, Managing Director of Subsea Innovation, added:

“The team at Subsea Innovation is hugely excited by this move and view it as the start of the next phase in the development of our business. The oil and gas market is already showing clear signs of recovery; Tekmar’s backing and its global offices and support functions would enable us to capitalise on this upturn and make strides towards our goal to become a global leader in both oil and gas and offshore wind.”

Subsea Innovation will continue to trade under its own name and remain as a separate legal entity. There will be no disruption or change for its customers.

https://investors.tekmar.co.uk/

AND 1312 3 4 5 6 fused Retouch

 

 

Subsea Video

Welcome to Subsea Innovation

Subsea Innovation is a global leader in the design, manufacture and supply of complex engineered equipment and technology used in the installation of subsea pipelines for the offshore energy market.

 

Our Vision

Our vision is to become the global partner of choice in helping to deliver the world’s need for energy. We believe in improving the lives of billions of people through the innovative use of technology. What drives us is working to the highest ethical and safety standards and seamless collaboration with our clients to deliver complex global projects on time, on cost and on budget.

 

Our History

Formed in 1985 by a team of experienced engineers and diving professionals, Subsea Innovation is a company dedicated to delivering state of the art engineering products to the offshore Oil & Gas and Energy industries.

Our impressive track record coupled with a commitment to continuous improvement has seen Subsea Innovation gain world-class pedigree from a balance of hands on experience and a desire to provide innovative technologies. This is clearly demonstrated by the ongoing performance of Subsea Innovation products in the field.

Subsea Innovation prides itself on its quality and attention to detail; a fully accredited Safety & Quality system supports every aspect of a project. All products are designed to the appropriate international codes and standards that are subject to regular external inspection.

Through its dedicated team of highly skilled Engineers, Designers and Technicians based in the North East of England, Subsea Innovation continues to retain its status as a recognised world leader in the design and manufacture of highly sophisticated marine engineering solutions.

 

Our product range includes:

  • After care service
  • Supply of spare and replacement parts
  • Project management and supervision for product installation

 

Subsea Innovation Limited is one of Tekmar Group plc’s three primary operating companies; in addition to Tekmar Energy Limited and AgileTek Engineering Limited.

Tekmar Group’s vision is to become the partner of choice for the supply and installation support of subsea protection equipment to the global offshore energy markets.

For more information please see: https://investors.tekmar.co.uk/

 

TGP logo JPG

 

 

 

Updated 22 November 2018

 

Clamps

Case Studies

Subsea Innovation have worked with many clients on a wide range of marine engineering projects over the years.  More...