Lloyd’s Register expands with Subsea Inspection Service business

Lloyd’s Register (LR), a global engineering, technical and business services organization, has launched a subsea inspection service to support underwater inspections of subsea pipelines, assets, and facilities to offshore energy companies.

LR said the services include project management, consultancy, personnel, quality control, data processing, and data management. The services are all applicable to ROV, AUV and diver projects.

The Subsea Inspection Service will be managed and co-ordinated from Aberdeen and will deliver services to clients in all offshore energy regions through LR’s global network of office locations, the company said.

Headed by LR’s Subsea Inspection Manager Andrew Inglis, and delivered by the company’s in-house experts in subsea inspection, survey and asset integrity, services will be provided to operators and contractors in the offshore oil and gas industry as well as in the wind farm and submarine cable sectors.

Inglis said: “LR has significant capability and experience within the subsea sector including management of a wide range of offshore projects and operations across the energy mix. We aim to be the preferred subsea inspection management supplier for our clients.”

The company said it believed that the start of its service business was timely especially bearing in mind that Rystad Energy, one of Norway’s strategy consultancy companies, has forecasted a growth in these areas. The consultancy firm highlighted that subsea installations would increase production levels in the oil and gas sector from 15 million barrels per day to 35 million by 2030.

LR added that it has already delivered subsea inspection contracts for major operators in the North Sea and Trinidad.

“We look forward to making sure we actively do our part to help operators achieve their objectives of achieving a safe, efficient and sustainable sector,” added Inglis.

As far as the offshore wind sector is concerned, Douglas-Westwood said that €200 billion of capital expenditure would be directed towards an installed capacity of more than 70 gigawatts by 2025, generating significant future operations and maintenance activities where LR also expects to offer its services.

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