New Venture for Subsea Technology Entrepreneur

Friday 5 October 2018

Following the successful sale of Ecosse Subsea earlier this year to Oceaneering, subsea entrepreneur Mike Wilson, together with an experienced management team, has officially launched his new venture EIP (Ecosse IP Ltd).

EIP’s main objective is to save their customers time and money on subsea challenges, with a range of exciting and disruptive subsea technologies.

Subsea lifting can be carried out using EIP’s Ambient Lifter, which has recently completed successful harbour trials with the support of OGTC (Oil and Gas Technology Centre), lifting 5Te using a controlled buoyancy lifting solution.

Ambient Lifter’s ROV version will lift 10Te without a lift vessel. This is significantly more cost effective than using surface lift vessels and can be operated in much wider weather windows and in challenging regions such as West of Shetland. Ambient ROV is an ideal solution for construction of subsea fields – or for removal of decommissioning debris for example. Ambient ROV trials will be completed later in 2018.

For heavy lifts, Ambient’s capacity is scalable, so can operate in the 100-500Te range for removal of large subsea templates, manifolds or foundations. Ambient Lifter offers a safe, robust and controllable subsea lifting solution, which can operate stand-alone, or increase the capacity of small, low-cost lift vessels. The technology was heralded as a key emerging technology at a recent Decom North Sea Conference.

EIP’s Managing Director, Dorothy Burke brings a wealth of technology business growth expertise in oil and gas and decommissioning.

With the ability to address challenges across subsea lifting, subsea construction, decommissioning, offshore renewables, salvage and military applications, EIP aims to solve operator efficiency challenges and offer competitive advantage to supply chain partners.

Supported by extensive global subsea project experience, EIP’s technology solutions will enhance industry safety and reduce the human risk associated with a range of subsea activities.