We are excited to announce that Izomax has agreed to acquire 100% of the shares in IK Engineering from IK Group and Marek Lipski. This acquisition presents a unique opportunity for Izomax to further strengthen its engineering capabilities, significantly boosting its ability to deliver its advanced AOGV technology.

Expanding into the UK Market

To support continued growth, Izomax is establishing a permanent business presence in the United Kingdom. With increasing demand for pressurized system solutions, particularly in the oil and gas sector, the new Aberdeen base will serve both offshore and onshore industries. This expansion reinforces Izomax’s commitment to providing best-in-class services to clients in the UK market.

Strengthening Izomax’s Presence in the Americas

We are also pleased to announce that Izomax is acquiring IK Group US Inc., further strengthening its footprint in the Americas. This acquisition enables Izomax to expand into new markets within the process industry while reinforcing its offerings in the upstream and downstream oil and gas sectors. With the Americas’ oil and gas market expected to grow, this move ensures Izomax remains competitive and well-positioned to deliver AOGV technology to meet client needs.

Looking Ahead

As we move forward, we are excited about the future and the opportunities ahead. By leveraging Izomax’s groundbreaking AOGV technology and extending its global reach, we are confident in the company’s continued growth and success.

For further information regarding the acquisitions, please contact:

Merita Dagestad

Finance Director, Izomax AS

Email: merita@izomax.com

The post Izomax Expands Through Strategic Acquisitions appeared first on IK-Group.

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. 

The post IK Group Awarded First Contract in Trinidad & Tobago for the AOGV appeared first on IK-Group.

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.“

The post IK Group’s AOGV Business Area Continues to Develop Butterfly Valve AOGVs appeared first on IK-Group.

The patented AOGV mechanical isolation tool is a revolutionary technology.  It’s designed for ease of use, allowing you to isolate a pipe segment while the rest of the facility continues to run smoothly – maintenance without cashflow shutdown is totally achievable!  This week, the AOGV team are in North America showcasing the new technology to plant and facility operators, contractors and service companies.

Whenever process plant equipment or systems are required to be taken out of service for major maintenance, repair, or modification, positive mechanical isolations are provided between them and any potential hazardous energy source.

The AOGV installs an isolation spade, a pipe blind or blanks, on a live flanged connection. It can also close or open a spectacle blind or replace a spacer with a line blind while the system is still pressurized. This field-proven technology reduces downtime, removes the need for drainage, venting, purging, and flushing, and increases maintenance flexibility.

The AOGV creates a zero-energy zone where inspection and maintenance work can be performed safely and efficiently, ensuring no lasting impact on the process plant. Once the operation is complete, the flange pair is returned to its original pipe spec state with a new gasket, bolts, and nuts.

The AOGV is versatile – typical AOGV applications include:

• Repair and modifications of parts of process facilities
• Retrospective installation of equipment
• Installation, repair, or replacement of valves

The post AOGV – Disruptive Maintenance Technology Enters North America appeared first on IK-Group.