22 February 2024 Norway

Press Release: IK Group Reports Global Subsea Success

IK Group, the supplier of specialist products and services for pipelines, subsea and topside, has reported a robust start to 2022 for its Subsea service, which has secured multiple contract awards during Q1. In what is shaping up to be a hugely busy year, the business has won new projects in the UK, Norwegian, African and Brazilian subsea markets.  

Work scopes include repair and maintenance using IK Compact Sealing Clamp, Coating Removal Tool and Emergency Pipeline Repair System (EPRS). In addition, the business impact upon the decommissioning sector is growing, through use of its suite of subsea Lifting Tools. All awards include project management, engineering and procurement to be delivered from IK headquarters in Stavanger, Norway.

IK Subsea Business Development Director, Roddy Brown said: “Using tried and tested solutions based on 35 years of brilliant engineering experience, this fast-paced first quarter has seen the team utilise not only the traditional equipment that IK has come to be known for, but also to provide complex problem solving solutions. Beyond subsea clamps, pigging solutions and lifting tools we are now developing bespoke project solutions for major operators and contractors. We relish the challenge of these unique projects, solving the previously unsolvable and delivering measurable value to our clients.” 

The successful start to the year has also seen the formation of several strategic partnerships as IK Group continues to build its capabilities within new markets. This includes a recently-signed MOU with Brazilian company, 4Pipe Hidropig.

Brown added: We are excited by the collaboration with 4Pipe Hidropig -a business that has been known to IK Group for a number of years, which brings a wealth of complementary skills in pigging and pipeline engineering to our own capabilities. Brazil represents a significant growth region for us and we look forward to realising the potential this partnership will deliver.

As a result of these awards the company is currently undergoing a recruitment drive to support ongoing and future projects.

More information on IK Group subsea capabilities can be found here.