Page 16: of Marine Technology Magazine (April 2012)

Global Offshore Deepwater Report

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What Does Imenco Offer? 16MTRApril 2012In the previous few years, the company has been busy building saturation diving systems, and this was in fact itsbiggest volume of business. But today, with activity in that sector relatively weak, Østebøvik said that there is a big push for its subsea camera systems, and also for its subsealifting and handling solutions. He also said that the com- pany is looking to expand, but focused rather on openingnew world regions unfamiliar with Imenco solutions. There is big potential for us worldwide, particularly when you measure the efficiency and redundant safety of our systems against others,? Østebøvik said. The more things change ? While there have been innumerable changes in the off- shore oil and gas market during his career, Østebøvik maintains that a constant is the industrys continued push for safer systems. It has become much more stringent, he said.  If you go back 10 or 15 years, products and systems that we thought were safe would not be acceptable today because they had only one security level. A key to Imencos continued success, according to Østebøvik, is the continuity and strength of his companys engineering department. While boasting on ones own engineering prowess may seem a given, the point is particularly acute at Imenco, where 40% of its employees are dedicated to engineering, many of whom have been with the company since its inception 33 years ago. The latter point is partic- ularly noteworthy, as in Norway today there are an esti- mated 16,000 vacant engineering positions, and compa- nys of Imencos size must consistently compete with much larger corporate entities for top engineering talent.We are a company that does not simply take equipment from the shelf and push it to our clients,? Østebøvik said. We ask the client what they need, and try to deliver to Al Cohen is Imencos VP of Business Development - USA. Sitting in Imencos Houston office, Cohen has been instru- mental in helping to expand Imencos brand, reputation and sales outside of its native Norway. ? Diving Systems (NUT) NorwegianUniversal Technology (NUT) ? a leading suppliers of pressure equipment for civilian and military use as well as for medical andscientific research work ? became a part of Imenco August 2008. ? Guide Wire Systems Subsea guide wire systems, including a complete range ofequipment including surface tensioners. ? Helicopter Fueling Systems SetecContracting ? specialized in design andmanufacturing of Helicopter RefuellingSystems was merged with Imenco in 2005. ? Industrial CCTV Systems IndustrialCCTV systems for land based industry, marine and offshore industry, including haz- ardous areas. ? Subsea Lifting & Handling Imenco hasbeen engaged in lifting and handling prod- ucts and services over the last decade.Our engineers have long experience andImenco is certified to design, manufacture and issue certification for lifting and han- dling equipment to the marine industry bothtop side and subsea. ? Special Subsea Tools 3 finger jaws;Bolts, brushes, Grinders and Torque tool; Cutting and drilling tools; ROV Shackle;Anodes & Torque Tool; Compensators; Latches? Subsea Cameras, Lights & LasersSubsea cameras & Lasers - Shark Range;LED Lights; Fish farming equipment;Inspection ROV; Diving equipment? EngineeringImenco was established in 1979 as anengineering company, serving offshore and maritime industry.

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