Harkand Ramps up Activity in Asia Pacific

Harkand has increased its presence in the burgeoning Asia Pacific region by securing a clutch of multimillion dollar contracts for execution in 2013/14.

Under a deal with PTSC Offshore Services, the ROV support vessel Harkand Harmony has been deployed on its first charter since joining the fleet in August and is carrying out flexible lay operations in the Ruby Field, offshore Vietnam, with the charter expected complete in late November.

The contract commenced in October with the work scope including a heavy duty Work ROV and provision of personnel.

In the first of three further wins, Harkand are providing a Triton XLX ROV to Offshore Subsea Works in support of a project in the Gumusut Field, offshore Malaysia. The contract will run until Q1 2014 with extension options.

A second Triton XLX ROV has been deployed and now completed a two-month contract supporting exploration and offshore activities in the Timor Sea, off the North West of Australia.

Finally a third Triton XLX ROV has been deployed on a contract in Malaysia supporting EMAS on the Zuhal Field.

It is the first work for two of the new ROVs which Harkand took delivery of in August.

Martin Watts, general manager Asia Pacific with Harkand, said, “We have invested significantly in growing our people, assets and capabilities in the region in recent months in order to provide a modern, safe and efficient fleet that meets the needs of our customers.”

Watts continued, “These contract wins and our strong order book for the months ahead not only justify the confidence we had in the strength of the market, they reflect our growing reputation for delivering a premium service to an industry operating in one of the most challenging oil and gas provinces in the world.”

Formed in February 2013 through the merger of Iremis, Integrated Subsea Services (ISS) and Andrews Survey following investment by Oaktree Capital Management, it employs 750 people at bases in Singapore and Perth in Asia Pacific, Dubai in the Middle East and Aberdeen in the U.K., Harkand aims to grow turnover to $1 billion in the next five years.

The group recently announced the acquisition of Veolia Marine Services based in Houston, which has further expanded the group’s geographical reach, asset base and staff.

Present in Asia Pacific since 2009, it operates from two offices strategically located in the main oil and gas hubs of Singapore and Perth. Complete with workshop facilities, it operates a fleet of workclass ROVs and portable diving systems providing services for a number of different clients.