Exploring Electrical & Instrumentation Equipment Investment Opportunities in Saudi Arabia
Date: Wednesday, 15 July 2020Time: 11:00 (BST)/13:00 (Saudi) The Department for International Trade’...
Ecosse IP Ltd (EIP), based in Banchory Aberdeenshire, announces a substantial investment in a 950Te carousel. The carousel is now ready for use at Sunderland Port. Based in County Durham A sister company to EIP Ltd. MASfab will be fabricating modifications to the carousel to significantly upgrade its current 950Te capacity.
Mike Wilson, EIP Chief Technology Officer and Chairman said: “I am pleased that EIP has invested in its first carousel. As the latest addition to its growing fleet, the carousel broadens the breadth of services that we can offer. There are a lot of spare cable storage requirements within the sustainable energy market that EIP can fulfil.”
Wilson continues: “Our ambition is for this Carousel to form the core of a cable storage service for multiple cables in multiple ports.”
The carousel will be used for the storage of cables required for UK offshore wind farm projects and works alongside both EIP’s FLOWT (Floating Offshore Wind Tension Foundation System) and Ambient Lifter technology. It also gives EIP the in-house ability to spool large volumes of pipe for the company’s patented Ambient lifting devices.
EIP specialises in designing and developing innovative and truly cost-effective subsea solutions. Established in July 2018, EIP has invested significantly in developing its unique range of technologies that includes its patented Ambient Lifter, FLOWT and MOWT.
The patented Ambient Lifter transforms subsea lifting, delivering cost savings for our customers in subsea construction, inspection repair and maintenance (IRM), renewables and decommissioning. Ambient Linear is designed for installation and decommissioning of pipelines, bundles and for conductor removal.
FLOWT is a cost-effective foundation and installation solution for floating offshore wind and marine renewables.
The patented MOWT technology was developed to provide a cost-effective method of generating energy from slow-moving 1m/s water. MOWT is designed for use in rivers, estuaries and subsea current & tidal environments, offering an energy solution with minimal environmental impact.
With the latest addition to its fleet EIP can now supply long-term and short-term cable storage to both the offshore wind and oil & gas sectors, with every project supported by EIP’s team of engineers, offshore crew, equipment and engineering capabilities.