Reef Subsea: New Premises in Aberdeen (UK)

Reef Subsea announced today they have secured new premises in Aberdeen, Scotland, to gather their local teams and operations under one roof namely ‘Reef Subsea House’, located within Altens Industrial Estate, south of the city.

The bespoke building will support Group’s companies to continue to develop their respective businesses on a global scale from this key city of the North Sea market.

Reef Subsea, which provides specialist subsea services to the Oil & Gas and Renewables industry, has just moved its three main activity bases in Aberdeen – Reef Subsea IRM & Construction, Reef Subsea Power & Umbilical and Reef Subsea Dredging & Excavation – into the brand new premises. This will allow them to service their client’s and Projects’ requirements more efficiently in their individual businesses, and to work closer together on joint project delivery when needed.

Reef Subsea House is a two-storey facility with more than 6,000 sq.ft of office space and an additional 9,000 sq.ft of warehouse, workshop and yard space. The warehouse facilities will provide Reef Subsea Dredging & Excavation (RSDE) with new storage facilities for their subsea equipment, and enable them full service and maintenance of the offshore assets between projects. RSDE equipment will continue to be housed at Rotech House yard until March 2013 when this part of the premises will be ready to accommodate them.

The three activities operate on an international basis with contracts gained independently and in combination for the Oil & Gas and Renewables industries in the North Sea, GOM and Asia. The Group boasts turnkey subsea activities, including IRM & Subsea Construction, ROV and survey work, Seabed Dredging & Controlled Flow Excavation, backed by top range subsea construction vessels and a high-tech unique range of assets increasing its capability as a fully integrated tier-2 subsea contractor. Clients mainly include oil companies, top tier contractors, power companies and engineering houses.

Mark Preece, Chief Executive Officer of the Reef Subsea Group, stated: “We believe Aberdeen is key for future oil and gas development in the North Sea and coupled with our strong connections in Norway, it is the best location for our business to flourish. The city is also active in attracting and developing its exposure to the Renewables industry, where Reef Subsea companies also provide key services, making Aberdeen an attractive place to be.”

Tim Sheehan, Reef Subsea Chief Operating Officer, added: “Following two years of extensive development, the time was right to locate a suitable office facility in Aberdeen to bring our teams under one roof and allow for continued expansion. This will optimise the specialist teams to benefit from each other’s vast knowledge and expertise bringing additional value to our clients. The new offices gather 50 people today and we expect to recruit 10 more in 2013.”

Reef Subsea is an international group providing cost-effective integrated subsea services – IRM and construction, installation and burial and dredging and excavation – to the oil and gas and renewables industries. Its specialised subsidiaries provide operators and contractors with highly experienced personnel, key subsea technologies and construction support vessels. Reef Subsea serves its clients in the deep-water or demanding environments of the North Sea, Americas, Middle-East and South-East Asia areas. Reef Subsea is a 50/50 owned company of GC Rieber Shipping and HitecVision.

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Press Release, January 21, 2013