Maritime Developments

Oil & Gas

Maritime Developments puts kit saved from Ceona to use

A north-east back deck systems maker has deployed a piece of rental kit it rescued from Ceona Offshore, which went bust late last year. Maritime Developments initially delivered the 400-tonne reel drive system to Ceona in mid-2014, but agreed to buy it back from administrators at an auction after the stricken subsea engineering contractor folded. Maritime, which has bases in Aberdeen, Peterhead and the US, wrapped up the deal in March before swiftly putting the system to work on its first ever mission, installing risers and umbilicals in the UK continental shelf.