Boskalis and Rever Offshore
Seajacks Japan LLC
Boskalis announces the acquisition of all the shares of Rever Offshore’s subsea services business (‘Rever’). Rever, formally known as Bibby Offshore, offers a broad range of solutions in the area of subsea construction, inspection, repair and maintenance.
Rever has historically operated in the North Sea out of Aberdeen and holds a strong track record. Through this transaction, Boskalis will obtain two diving support vessels of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).
The group employs an onshore staff of around 130 in addition to approximately 220 offshore workers. The 2020 annual revenue is approximately EUR 90 million, most of which is generated through numerous framework agreements. Based on projected cost synergies, the acquisition payback period is expected to be less than three years.
Through this acquisition, Boskalis strengthens its current position in the subsea services market in Northwest Europe, Africa and the Middle East and its capabilities to serve both the traditional oil & gas market and the rapidly expanding offshore wind market. On the important North Sea subsea market, Boskalis is now a solid top three player opening up ample opportunities for operational efficiencies and synergies.
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www.sosmagazine.biz February 2021
Seajacks Japan LLC, a wholly owned subsidiary of Seajacks International (Seajacks) has been awarded a contract with Kajima Corporation for the transport and installation of 33 MHI Vestas V117 – 4.2 MW wind turbine generators at the Akita Port and Noshiro Port offshore wind farms in Japanese waters.
Installation is scheduled to commence in 2022, where ‘Seajacks Zaratan’ will continue to be utilised on the project following the foundation installation campaign in the previous year. This will be the first commercial size fixed bottom wind farm in Japan and a second for Seajacks Zaratan in Asia following on from the Formosa 1 phase 2 project in Taiwan.
Sebastian Brooke, Seajacks COO, said: “We are very pleased to have been awarded our first turbine installation contract in Japan and excited to extend our involvement in this ground-breaking project.
This award amplifies our commitment to the region and Japan specifically. We have been and will continue to work closely with local authorities and bodies to ensure the successful execution of this project. We are looking forward to further engaging with local stakeholders as this project develops.
Seajacks Zaratan is a proven vessel in this region and brings a wealth of installation experience to the project. Building on our strong track record and reputation we are committed to making this project a success.
Twin Brothers Receives AISC Certification
Twin Brothers Marine (TB), a leader in heavy steel fabrication for the oil & gas, infrastructure and renewables industries, has received the American Institute of Steel Construction (AISC) conditional certification for its Louisa, La. facility.
The AISC designation certifies Twin Brothers in AISC categories of bridge fabricator – intermediate (major), metal component manufacturer, fracture critical endorsement and sophisticated paint endorsement P3 – exposed.
The AISC certification is intended for companies creating and/or erecting steel structures, such as buildings, bridges and bridge and highway components.
TB’s General Manager, Jason Webster, stated, “The AISC certification recognizes Twin Brothers’ commitment to quality and its high standards of performance throughout the entire process of fabrication to production. It took nearly one year of intense effort by the Twin Brothers team during the difficult COVID-19 restrictions to get it, and I commend our employees for their dedication and high-level of performance.”
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