Maersk Supply Service takes on more work scopes with new Integrated Solutions business

Business & Finance

After concluding an industry study together with customers and suppliers, Maersk Supply Service (MSS) launched on Thursday a new Integrated Solutions business looking to become an integrator of marine services and solutions for the energy sector.

This move follows MSS’ recent decision to divest up to 20 vessels and reduce its crew pool by 400 offshore positions. The company also recently promoted its Chief Procurement Officer, Steen S. Karstensen, to a Chief Executive Officer. Karstensen took over from Jørn Madsen, who was recently appointed CEO of Maersk Drilling.

The company said on Thursday that, with vessel operations remaining the core business, Maersk Supply Service will in addition bundle services and manage sub-contractors to offer a more ‘simplified and efficient’ operation to customers.

“As the industry is undergoing structural changes, our customers are seeking better value from their operations and their supply base. We have an opportunity to lighten the load of their procurement and operational activities by shifting the nature of our relationships, allowing our customers to focus 100% on their core business,” says CEO of Maersk Supply Service, Steen S. Karstensen.

 

Integrated Solutions Department

 

According to the company, a newly established Integrated Solutions Department will build on and scale the capabilities needed to deliver integrated solutions business. The department will be led by new Head of Integrated Solutions Olivier Trouvé, who brings with him 25 years of experience in the energy and subsea industries.

The department is already supporting a lead contractor role in the decommissioning project for the Janice subsea field for Maersk Oil that the company was awarded in September this year. Maersk Supply Service is responsible for engineering, project planning and managing the full scope of the subsea decommissioning, utilizing up to ten of its own vessels.

“As Janice shows, Maersk Supply Service is well positioned to take on additional scopes for our customers. With close to 50 years in the offshore supply industry, we have a strong brand and safety record. Utilizing our large fleet of diverse assets, technical expertise and global network we can plan and execute a wide range of projects that cater to the needs of our customers,” says Steen S. Karstensen.