challenge accepted - ik-worldwide.com · 28.08.2019 challenge accepted customer and project...

www.ik-worldwide.com

Challenge Accepted

Company Presentation2018

Company Presentation 2019

Challenge Acceptedwww.ik-worldwide.com

Challenge Accepted28.08.2019

Supplier of Specialist Products and

Services for Pipe and Pipelines,

SubSea & Topside

“We take pride in providing solutions to solve operational

problems and minimize our customers repair and

maintenance cost.”


IK-Norway

(Stavanger)

IK-UK (Newton Aycliffe) Online Electronics

(Aberdeen)

Sales offices:

Singapore, Dubai,

Houston

IK-Saudi (Dammam)

History of Growth

1987 20112006 2013 2015 2017IK-Norway MBO IK-UK IK-Saudi Online Electronics

Awards:

R&D


IK-Norway (Services & Hire)

Office; 2.265 sq. m

Workshop; 2.367 sq. m

IK-UK (Manufacturing & Svs)

Office; 512 sq. m

Workshop; 3.300 sq. m

Online Electronics (Manufacturing & Hire)

Office; 568 sq. m

Workshop; 473 sq. m

IK-Saudi (Manufacturing)

Office;

Workshop;

Modern and suitable Facilities

Challenge Accepted

N

28.08.2019

• Zero harm to environment and people

• Proven safety record

• Certified Quality system

• Risk Management

• Opportunity focus

• Compliance with Laws & Regulations

• High Ethical standard

HSE & Q

Note; LTA incidents are minor incidents (e.g. cut in finger) related to factory work


• Pipe & Pipeline Isolation Tools

• Repair Clamps Subsea & Topsides

• Pigs & Accessories

• Pipeline Pig Tracking & Communication

• Pressure Testers & Equipment

• Process Plant Services (on & offshore)

Wide Specter of Products & Services

• Subsea Repair & Modification Solutions

• Pig Development, Refurbishment & Support Services

• Torque & Tension Technology & Services

• Calibration Services

• Application Engineering – Electronics Design & Communication

• Rental Tools

• Competency Based Emergency Repair (CBER)

EPC contracts, services, sale of products and hire services for a fleet of products


Customer and Project examples

• Repair of Subsea X-mas tree, Philippines,

deep water, Operator savings est. USDM 100

• Repair of Pipeline offshore Nigeria,

deep water Production increase 20%

• Repair of Offshore Platform Norway,

enabling production through winter. Field in operation.

• AOGV for Operator (new product 2017).

Est savings 20 MUSD (execution spring 2018)

• Repair of a header in Saudi Arabia est. saving 12 MSD

Challenge Accepted

IK Partners and Agents

28.08.2019


Pipe & Pipeline Isolation Tools

• Hydraulic and mechanical high and low Pressure Plugs

for topside and subsea use

• AOGV™ - Ad On Gate Valve (Patent pending)

–Isolation without shutdown

• Twin Tyre Flexible Isolation Plug

– To provide positive isolation before hot work.

• ABIS and Mini ABIS - Air Bag Isolation System,

when welding on hydrocarbon filled systems.

• Valkyrie – Specialised Back-Gas shield weld purging system.

• High Friction Pig - Used to provide a low pressure,

high seal isolation.

• SkadiPlug™ - Remote operated plug system using ice plugs.


Repair Clamps SubSea & Topsides

• Design, manufacturing and delivery (EPCI) of specialized

clamp solutions, subsea and topside

• Temporary or permanent pipeline repair clamps

• Sealing and / or structural repair clamps

• Hot tap clamps for tie-ins or plugging / stoppling

• Patch clamps for local repairs

• Split clamps for grout / epoxy / sealant injection

• Competency Based Emergency Repair, fast-track delivery

of repair solutions for leaking pipelines


Pigs & Accessories

• Bi-Di Pigs

• Brush Pigs

• Gauging Pigs

• Jetting Nose Pigs

• Solid Cast PU Pigs

• Cup Pigs

• Inflatable Spheres

• High Friction Pigs

• Foam Pigs

• Pig Washing Machines and Injectors

• Polyurethane SURF Products


Pipeline Pig Tracking and Communication

• Acoustic Pig Locating

• Electromagnetic Pig Locating

• Non-Intrusive Pig Signallers

• Pig Passage Indicators (intrusive)

• Datalogging & Testing

• Voltage Gradient Probe

• ROV Switch

• Audioscope Software

• MEGARTS


Pressure Testers & Equipment

• Internal Weld Testers

• Flange Weld Testers

• Flange Tension Tester

• Elbow Weld Tester

• Twin Tyre Multi Plug

• Low Pressure Plug

• High Pressure Plug

• Tank Nozzle Tester

• Resato Equipment


Johan Sverdrup NCS

Mariner UK

Mongstad Production Plant

Process Plant Services (on & offshore)

• Repair Solutions

• Pipe Isolation Operation

• Shut-Down Services

• Hot-Tap Services

• Testing Services

• Engineering Support

• Custom Solution

• Operation Support

• CBER, Competency Based Emergency Repair


SubSea Repair & Modification Solutions

• Design, manufacturing and delivery

(EPCI) of specialized solutions.

• Modification and repair of pipelines,

structures and subsea production systems

• Supply of custom designed equipment and systems

• A variety of ROV and diver assisted custom made tools

• Competency Based Emergency Repair (fast track)

• SubSea MMO


Pig Development, Refurbishment & Support Services


• Pigability Studies

• Custom Made Pig Development

• Testing High Fri Pig Operations

• SkadiPlug Operations

• Custom Made Equipment & Tools

• Pig Operations Support

• Pig Refurbishment and Maintenance

• Tracking & Communication Services


Torque & Tension Technology & Services

• Field support in Torque and Tensioning

• Custom Made Tools

• Subsea tool design and manufacturing

• Maintanance of Equipment

• Maintanance of Pressure Equipment



Calibration Services

• Sales and Hire of Equipment

• Torque Calibration

• Pressure Calibration

• Temperature Calibration

• Noise Equipment Calibration

• Field Calibration

• Humidity Equipment Calibration

• Maintenance Service


Application Engineering – Electronics Design & Communication

• Develop tailor made solutions based on in-house

technologies including;

• Communications, Activation and Control

– Acoustic

– Electromagnetic

– Magnetic

– Ultrasonic

• Measurement, Data Logging 2015


Rental Tools

• Pig Tracking and Communication Equipment

• Pipeline Sampling (MEGARTS)

• Testers and plugs Pipe & Pipeline Isolation

Tools

• Weld Isolation and Back Gas systems

• Torque & Tension Tools

• Subsea ROV Tools

Challenge Accepted

Company

Structure

28.08.2019

IK-Group AS

Hans Olav Hidle – Chairman

Arnstein Wee

Christian Bull Eriksson

Christian Knutsen

IK-Group AS

CEO – Christian Bull Eriksson

IK-Group AS

CFO– Geir Molberg

IK-Norway AS

100%

MD – John Gotrik

CFO – Geir Molberg

IK-UK Ltd

100%

MD – Andy Marwood

CFO – John Walsh

Online Electronics Ltd

100%

MD – Andy Marwood

CFO – John Walsh

IK-Mid East AS

90,1%

Christian Bull Eriksson – Chairman

Geir Molberg

Online Electronics Asia Pacific Pte. Ltd

100%

Online Pipeline solutions Inc.

100%

IK-Saudi

20,4%

MD – Abdul Wafi Al-Ganbar

Finance & Admin Mngr – Tariq Abayazid

Challenge Accepted

Development

28.08.2019


Inherent Product Development & IP

• Extensive Product development activity within all

units

• IP capitalized based on our field experience with + 30

year history of delivering innovative solutions.

• Product & Project successes are based

on patented IP and know-how obtained by solving

complex problems.

• Innovation is key to sustained customer savings.

• Successfully implemented strategy to patent more of

the core technology; 2 Patents granted and 5

pending

Challenge Accepted

Company in brief

28.08.2019

• Strong and long lasting Customer

relationships

• 30+ years of Company history and

product developments

• Broad portfolio of value adding

products and solution

• Innovation drives growth

IK`s goal is to grow further with a geographical and product-mix to service the international Oil & Gas

industry particularly within the pipeline and subsea sector.

• New products launched in 2017 with large

saving potential for Customers

• Strong focus within trades

• Cross units synergies

• Driven by organic growth, with strong

performance

challenge accepted - ik-worldwide.com · 28.08.2019 challenge accepted customer and project...

Documents