Subsea services
Oceanteam 2000 Ltd (ot2k) incorporated in 1999; with the company at the forefront of providing diving, survey and ROV services to the offshore oil and gas industries, sub-marine cable, and renewable energy markets. Recently, the company announced that it had been formally acquired by a newly formed GDV Subsea.
GDV will be a significant player in the future worldwide Subsea global energy market and has undergone a period of major investment with plans for the group to become one of the top players within the offshore Subsea support market, in the coming years.
Obtaining 616 million NOK (MUSD 103) in equity from a select group of Norwegian institutional investors, GDV Subsea announced it's ordering of the company's vessel new build programme to include two dive support vessels and one ROV support vessel.
Based in Arendal, Norway and Great Yarmouth in the UK, GDV Subsea plans to open offices in the major oil capitals of the world, effectively to enhance the services offered by GDV and to provide potential global companies, the opportunity to discuss any developments locally.
Pivotal to the delivery of its services was the acquisition of ot2k which already is recognised as having a strong UK market position and will effectively provide the contracting arm of the group.
ot2k is dedicated to conducting business in a safe and efficient manner, with the emphasis on reducing risk of injury and ill health to personnel during a project's duration. This also encapsulates the aim of reducing damage caused to equipment and property, as well as the amount of discharges caused during the completion of a task. ot2k has developed its safety management system (SMS) in relation to all its worldwide operations, which ensures compliance with relevant legislation and industry standards.
ot2k's quality management system (QMS) is registered to ISO 9001 BSI management systems.
In the provision of oil and gas services, ot2k also charters vessels as well as supplying diving, ROV, and survey services. By providing fully project managed services, the company ensures the appropriate and cost-effective diving techniques and systems are used for all operations, whether located on vessels, barges, or fixed installations.
In ot2k's diving portfolio, the company currently provides conventional air and nitrox diving services, and in the third quarter of 2009, Saturation diving will be added to the portfolio directly linked with the delivery of the first of two new diving support vessels.
The company also provides an array of ROV services, supplying full electric inspection, and light work class Sub-Atlantic vehicles, with three new 'heavy workclass' Hydraulic heavy duty vehicles on order. ROVs are deployed from vessels and fixed installations, and can be used to provide turnkey integrated project services.
ot2k also provides a range of survey services through its subsidiary Oceanteam Survey Ltd, which supplies surveys for the oil and gas, cable lay, and civil engineering industries. This includes data gathering, geophysical and geotechnical services.
ot2k provides a large range of vessel-based services, which utilise chartered vessels ideally suited to a customer's project. The management team have extensive experience in identifying suitable vessels and conducts a comprehensive audit programme prior to any initial charter of any vessel. ot2k is renowned for the quality and rapid mobilisation of equipment and personnel to ensure a cost effective service.
With latent marketplaces appearing and the oil and gas industry booming, there seems no better time for GDV Subsea to enter with much needed specialist services into the Global Subsea market.
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