IK Group makes 'giant leap' into Asian market with new contract

Norwegian subsea company makes ‘giant leap’ into Asian market with new contract

Norwegian supplier of subsea products and services IK Group has secured a contract to deliver clamps to an oil & gas pipeline emergency repair base in China, said to mark a giant leap for the company into the Asian market.

Source: IK Group

IK Subsea and its in-country partner PAG Subsea Technology (Guangzhou) have sealed a contract with COOEC Subsea Technology in China.

IK Subsea will throughout this year design and deliver a series of DNV Type approved – high-pressure pipeline diverless repair clamps, both structural and sealing, for COOEC’s National oil & gas pipeline emergency repair base in Shenzhen.

The project is said to be pivotal, ensuring rapid and efficient pipeline repair operations in the South China Sea and East China Sea.

PAG Subsea Technology will be responsible for the project management activities in China.

“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,” said Adrian Gamman, VP of IK Subsea.

“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.”