Author Archive

IK Group appoints Charlotte Hope as Vice-President of IK Trax.

Posted on: March 28th, 2024 by Amanda Eden No Comments

We are delighted to announce the appointment of Charlotte Hope as Vice-President of IK Trax.

Charlotte joined IK Trax at the start of 2022 as Director of Sales and has swiftly proven her capabilities during her short time with the company. As vice president, she will take on a broader and more strategic role, focusing on driving growth and ensuring IK Trax remains at the forefront of technological advancements.  

Before joining IK Trax, Charlotte held senior international commercial and business development roles for a global lifting and mechanical handling group. Her diverse experience and proven track record set the stage for her swift rise within the company. 

Regarding her new role, Charlotte commented, “It’s been an incredible journey with IK Trax over the past year. I’m excited about this new challenge of leading our team in driving innovation and continuing to meet our customers’ evolving needs. As we enter 2024, we are committed to advancing our pig signaller range, ensuring we remain ahead of the curve. We also plan to introduce a new product line to differentiate us from our competitors. I look forward to a year of growth, collaboration and achieving milestones.” 

Charlotte’s appointment reflects IK Group’s commitment to recognising and promoting talent from within, and we look forward to the continued success and growth under her strategic guidance. 

IK Group Announces: Online Electronics Rebrand to IK Trax

Posted on: March 26th, 2024 by Amanda Eden No Comments

After a remarkable 25-year journey characterized by continuous evolution, Online Electronics, an IK Group company based in Aberdeen, UK, has rebranded to IK Trax. This strategic rebranding represents a natural progression, symbolizing the culmination of IK Trax’s growth, capabilities, and unwavering dedication to delivering cutting-edge technology solutions for seamless global operations.

IK Trax, with its new name, remains the same exceptional team, offering a range of intelligent products meticulously crafted to optimize pipeline performance. 

We look forward to the journey ahead with IK Trax.

IK Group and Trident Energy announce extended partnership.

Posted on: February 6th, 2024 by Amanda Eden No Comments

We are tremendously excited to announce our extended partnership with Trident Energy, building upon the strong relationship that began in 2019. This partnership aims to unite our innovative solutions with Trident Energy’s expertise, broadening our engineering offerings for the energy industry, especially in markets such as Brazil and Africa.
 
Trident Energy has one of the industry’s most experienced teams in operating and redeveloping mid-life oil and gas assets, and we’re excited to integrate our transformative engineering with their rich capabilities.
 
“I’m thrilled with this strategic partnership with Trident Energy, a partner that has been fantastic to work with from day one and a significant part of our success in markets such as Brazil and Africa. At IK Group, our mission has always been to deliver comprehensive engineering solutions to our valued clients. With Trident Energy by our side, we can now offer an even broader spectrum of solutions that address critical industry needs and drive growth. We look forward to creating synergies and exploring new possibilities far and wide.” Adrian Gamman, VP IK Subsea.
 
“Having an innovative, forward-thinking partner in the area of extending the life of subsea assets in a responsible manner is one of the key elements of our business. IK Norway has demonstrated creative and cost-effective solutions to help maintain our infrastructure; we look forward to continuing our relationship with IK Norway” Enrique Valero-Torrentera, CTO TEML (Trident Energy Management Limited).
 
Working alongside partners who share our values and goals allows us to continue delivering even more unique and sustainable solutions to our industry. This is an excellent example of the power of collaboration and shared capabilities. We very much look forward to the journey ahead for IK Group and Trident Energy.

IK Subsea to Deliver Pipeline Repair Equipment to Major O&G Contractor in China

Posted on: January 16th, 2024 by Amanda Eden No Comments

IK Subsea and PAG Subsea Technology (Guangzhou) have signed a contract with COOEC Subsea Technology, one of the largest EPCI contractors for offshore oil and gas industry in the Asia Pacific region.

IK Subsea is all set to design and deliver, throughout 2024, a series of DNV Type Approved – High-Pressure Pipeline Diverless Repair Clamps (both Structural and Sealing) for the COOEC’s National Oil & Gas Pipeline Emergency Repair Base in Shenzhen, China. This project is pivotal, ensuring rapid and efficient pipeline repair operations in the South China Sea and East China Sea.

PAG Subsea Technology, our trusted in-country partner, will be responsible for the project management activities in China. Together with PAG Subsea Technology, we are ready and committed to making this partnership a success.

“This milestone marks our giant leap into the Asian market! Collaborating with PAG is about innovation and shaping the subsea industry’s growth in this thriving region. We have the right technologies to guarantee that the best solutions are in place for emergency preparedness. Our focus on pushing boundaries and building a sustainable future is at this venture’s core and everything we do. Exciting times ahead as we strengthen this partnership with PAG and build a sustainable future together. ” Adrian Gamman, VP of IK Subsea.

Izomax AS Welcomes New Vice President

Posted on: August 9th, 2023 by Amanda Eden No Comments

Izomax is pleased to announce that Jesper Veidung Moberg has been appointed Vice President and Managing Director, effective 1st August 2023.

Jesper joined Izomax after over a decade with Maersk, where he held global management positions. This is on top of an already distinguished career in various industries, including aerospace and logistics. 

With Jesper’s excellent leadership skills, we have high expectations that Izomax will continue its upward growth cycle, with a focus on structure, a streamlined working philosophy, and a firm focus on quality and safety.

As the new VP and Managing Director, Jesper will be responsible for leading Izomax’s strategic direction, strengthening our market position, and driving sustainable growth. His leadership skills and industry knowledge make him the ideal candidate to navigate the energy sector’s ever-evolving landscape.

Finally, we’d like to take this opportunity to thank Rune Sele for his hard work and dedication to Izomax over the last 2 years.  Rune has established an organisation and culture ready for further growth and tripled its revenue in that period.

Rune will move to IK Group and take up the Executive Vice President Business Development role, where we have no doubt he’ll continue to have a positive impact in a much broader role across the Group.

IK Group Launches New Company, Izomax

Posted on: March 2nd, 2023 by Amanda Eden No Comments

In a move to address the surging global demand for AOGV isolation technology, IK Group has announced the launch of its wholly owned but separate entity, Izomax.

“The global demand for AOGV isolation technology has led us to the decision to launch Izomax as a wholly owned but separate company,” stated Eirik Berge, CEO of IK Group.

With a broad portfolio of value-adding products and solutions within pressurized systems, topside, and subsea, the Norwegian-based IK Group has established itself as a key player in the industry. To bolster its international growth strategy, the AOGV product line will now operate under the banner of Izomax as an independent but wholly owned subsidiary.

CEO Eirik Berge emphasized, “We will continue to support Izomax wherever needed, but by becoming independent, Izomax will take the AOGV technology and service delivery to new heights with enhanced customer focus and engagement.”

Rune Sele, Vice President of Izomax, expressed gratitude towards IK Group, highlighting their admiration for the investment, support, and encouragement that has propelled Izomax into this exciting new development phase.

Stay tuned for further updates as Izomax embarks on its journey to redefine the landscape of AOGV technology, promising unparalleled customer service and innovation.

IK Group Awarded First Contract in Trinidad & Tobago for the AOGV

Posted on: November 17th, 2022 by Amanda Eden No Comments

IK Group is pleased to announce the first awarded contract in the Caribbean, using IK’s patented AOGV Mechanical Isolation Tool.  This assignment will be completed at an LNG plant in Point Fortin, Trinidad & Tobago, during the next 4-6 months and will be accomplished using a 4″ 600# AOGV to isolate on a boiler feed water system. 

Kenneth Låtveit, IK Groups AOGV Business Development & Sales Manager, comments, “We are delighted to book this first job in Trinidad & Tobago, and as we have been specifically targeting the LNG sector and this specific LNG plant for over a year, we are very pleased to receive this contract.”

Isolate process segments without a shutdown for inspection and maintenance. The AOGV mechanical isolation tool is a “gate valve” that mounts over any flange and can provide a zero-energy zone where inspection and maintenance work can be performed safely and efficiently while maintaining continuous uptime. 

IK Group AS Acquires Balteer Sp. z.o.o and Renames to IK Engineering

Posted on: October 27th, 2022 by Amanda Eden No Comments

In a strategic move, IK Group AS has successfully acquired Balteer Sp. z.o.o, an esteemed engineering company based in Gdańsk, Poland. This acquisition marks a significant expansion for IK Group, leveraging the specialized expertise of Balteer’s mechanical engineers and their profound understanding of the Polish manufacturing landscape.

Under its new identity as IK Enginnering, the company is poised to play a pivotal role in IK Group’s operations from its inception. Marek Lipski, the Managing Director of IK Engineering, stats, “I am thrilled to join the IK Group family. Our focus moving forward will encompass specialized engineering, meticulous supply chain management, and stringent quality control measures for IK Group. Furthermore, we are committed to investing in state-of-the-art facilities for part assembly and testing by Q4 2022. The enthusiasm within our team for the coming 12 months and beyond is palpable!”

With the burgeoning demand for engineering services, particularly within the oil and gas sector, IK Engineering is set to expand its engineering, supply chain, and quality control capabilities to cater to external demand beyond the IK Group fold throughout 2022/23.

IK Group’s AOGV Business Area Continues to Develop Butterfly Valve AOGVs

Posted on: October 24th, 2022 by Amanda Eden No Comments

In a stride toward innovation, IK Group’s AOGV Business Area is currently immersed in an exhilarating endeavor: developing an 18” 150# Butterfly Valve AOGV. 

The recent DNV verification of the butterfly valve AOGV at our IK Norway in-house workshop, nestled in Forus, Stavanger, marks a significant milestone. Scheduled for execution on the Norwegian Continental Shelf in December 2022, this project holds immense promise.

Erlend Halvorsen, the Project Manager, expressed his enthusiasm, stating, “This project holds significant excitement for us as it entails the development of a new generation of butterfly AOGVs for a prominent oil supermajor.

Press Release: IK Group Reports Global Subsea Success

Posted on: April 28th, 2022 by Amanda Eden No Comments

IK Group, a supplier of specialist products and services for pipelines, subsea, and topside, has reported a robust start to 2022 for its Subsea service, which 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’s Compact Sealing Clamp, Coating Removal Tool, and Emergency Pipeline Repair System (EPRS). In addition, the business’s impact upon the decommissioning sector is growing through the use of its suite of subsea Lifting Tools. All awards include project management, engineering, and procurement to be delivered from IK’s headquarters in Stavanger, Norway.

IK’s Subsea Business Development Director, Roddy Brown, said: “By 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 year’s successful start has also seen several strategic partnerships formed 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. This business 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.