Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Ocean Installer and McDermott scrap North Sea partnership

McDermott's Lay Vessel North Ocean 105, which was to be used in the North Sea under the Ocean Installer-McDermott agreement
McDermott's Lay Vessel North Ocean 105, which was to be used in the North Sea under the Ocean Installer-McDermott agreement

Subsea construction firm Ocean Installer said yesterday it would still press ahead with rapid expansion plans in Aberdeen despite the collapse of an alliance with a major US group.

The company said it remained on track to increase its Granite City workforce to 80 by the end of this year after agreeing with engineering and construction company McDermott International to end their partnership.

The pair were expected to increase capacity and competition for North Sea projects currently dominated by Subsea 7 and Technip, but Ocean Installer said the alliance “was no longer the most suitable solution for advancing Ocean Installer’s capacities”, while McDermott said the opportunities it expected had not emerged.

Martin Sisley, the Norwegian firm’s UK managing director, said the company had gone from no Aberdeen employees to nearly 70 in just under a year, adding: “This has no impact whatsoever for our growth plans in Aberdeen.

“We are winning projects and doing some exciting work offshore right now, and we have other projects to get started on in the UK North Sea as well.”

Mr Sisley added Ocean Installer might look at larger offices in Aberdeen next year as its workforce continued to expand and it began to outgrow its Bridge of Don offices.

McDermott said the relationship between the business and Ocean Installer remained amicable, but added: “Opportunities under the alliance have not materialised and in recent months it has become apparent that the long-term strategic aims of both companies are not aligned.”

The firm said it was still committed to a return to the North Sea, however. It employs about 100 people in Surrey, plus a small team in Aberdeen.

Chief executive Stephen Johnson said McDermott would add to its assets as part of its drive to grow its activities in the subsea market, adding that it might enter other partnerships in the future to help build the UK business.

Recommended for you

More from Energy Voice

Latest Posts