Media Release: EnerMech land £6.6 million contract

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ENERMECH have been awarded a £6.6 million contract by Apache North Sea Ltd to supply and install four new Blow Out Preventer (BOP) handling cranes on the Forties Alpha, Bravo, Charlie and Delta platforms.

The project, which will deliver four Stahl cranes and is expected to be completed by Q1 2013, will be serviced by a dedicated engineering team from EnerMech’s Aberdeen-based cranes division.

The contract award builds on a number of existing multi-million pound crane operations and maintenance contracts held by mechanical engineering company EnerMech and represents a significant investment in the offshore infrastructure owned and operated by Apache.

The crane replacement programme was developed in partnership with Apache who recognised the need for improved integrity to meet their operational demands as well as satisfying key elements of the Health and Safety Executive’s KP4 programme.

The crane upgrade programme will deliver to Apache an extended lift capability for BOP systems, improved material handling capacity and enhanced safety offshore.

EnerMech cranes and lifting director, John Morrison, said: “This is the largest capital equipment order received by EnerMech to date and we are delighted to be working in partnership with Apache to upgrade the Forties assets.

“EnerMech’s business model, as an integrated mechanical services provider, means operators like Apache can benefit from cost and operational efficiencies offered by a multi-disciplined single source contractor.”

Apache have sourced a number of EnerMech services, ranging from rigging and lifting, shutdown services including nitrogen purging/leak testing, bolting and onsite machining, through to valves, and as a result have minimised supplier agreements.

Ends

Note to Editors 

EnerMech Ltd was formed in April 2008.

The company specialises in the supply, maintenance and engineering of cranes, lifting, valves and hydraulic equipment, equipment rental and the provision of training and specialist personnel to the energy industry.

With the acquisition of Specialist Maintenance Services Ltd and A1 Safety Training Consultants Ltd, EnerMech is now a leading international provider of offshore crane and lifting operations, crane personnel and safety training. EnerMech also has a significant presence in Norway following the acquisition of Bjørge ASA’s crane division in October 2008.

In April 2009 EnerMech extended its presence in the Middle East with the acquisition of UAE free zone companies Pavitt Energy Limited and Scotia Oilfield Trading FZE which has since been integrated in to the EnerMech group. Investment totaling £5.1 million ($7.5M) has been made in equipment stock rental, improvements at our bases in Ras al-Khaimah and Doha, and plans have been drawn up to build a new £3 million facility in Jebil Ali, Dubai which will be ready in 2012.

In April 2010 EnerMech acquired Aberdeen based hydraulic engineering specialist Norson Power in an £11 million deal. Norson Power provides hydraulic pipework installation and designs and manufactures hydraulic equipment for the oil, gas and marine industries.

EnerMech recently agreed a £24 million funding package with Lloyds Banking Group and, together with private equity provided by Lime Rock Partners and shareholder finance, has in place £40 million to support organic growth and further acquisitions.

In August 2010 EnerMech invested £4 million to acquire its 16 acre headquarter site in Aberdeen. A further £840,000 is being spent on refurbishments and the construction of new workshops, while another £2 million has been invested in setting up a new Valve Care division which will target the valve supply, testing, inspection and maintenance sector. In December 2010 EnerMech acquired Aberdeen Valve Supplies Ltd and its subsidiaries LG Ball Valves Ltd and Valve Paint Shop Ltd.

EnerMech employs 1000 staff at its Aberdeen headquarters and bases in Great Yarmouth, Stavanger, Dubai, Qatar, Ras al-Khaimah, Singapore, Indonesia, China, Ghana, South Africa and Perth, Australia.

Website: www.enermech.com

Issued on behalf of EnerMech Ltd by Sure Public Relations. For further information please contact Stephen Rafferty on +44(0)7980 598764 or email moreinfo@surepr.co.uk

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Contact: Stephen Rafferty
Phone: 07980598764
Email: moreinfo@surepr.co.uk
Website: http://www.enermech.com