Page 62: of Maritime Reporter Magazine (August 2015)

OFFSHORE INSIGHTS

Meet John Reed, CEO of Harkand

John Reed is the CEO of Harkand and has been with the company since October 2013. He has more than 30 years of experience in the offshore engineering and construction sector, developing and delivering large-scale capital intensive projects and managing major complex organizations. Previous to Harkand, he served on the Board of Directors of

Cal Dive International Inc.c from May 2012 to August 2013. Prior to that he was CEO of Global Industries Ltd. from March 2010 until its acquisition by Technip SA. He is also a former CEO of Heerema

Marine Contractors.

He has previously served as a member of the Board of

Directors of the National Ocean Industries Association, is a past

President of the International Pipeline and Marine Contractors

Association and past Chairman of the International Marine

Contractors Association, America’s Deepwater Division. He holds a

Bachelors’ Degree in Engineering from the University of Mississippi and an MBA from Delta State University.

Harkand Arena after winning a $5 mil- of? ce. The contract covers well tie-ins, ing projects are expected to play a large strategic initiatives and expand our foot- lion contract with offshore construction structure installation, piling, ? exible part in Harkand’s future. print, as I’ve already described; and sec- company Swiber Offshore Mexico S.A ? owline lay, ? exible riser installation, “It comes back to the basis that the ond, the acquisition of more vessels or of de C.V. The work will include the instal- pre-commissioning, riser recovery, de- IRM sector always has some level of companies - we will continue evaluating lation of risers and expansion spools to commissioning and general inspection, activity regardless of the price of oil as opportunities and make conscious deci- the Ayatsil Field located in the waters of repair and maintenance (IRM) work. The our clients try to operate ef? ciently and sions on whether to make offers or not.

Campeche Sound. All onshore support Harkand DaVinci and Harkand Atlantis maintain current production. Our com- Mexico, for example, potentially has some including the project management and are both equipped with state-of-the-art pany is built around that feature of the very good opportunities and has a massive engineering will be performed by Har- saturation diving systems, 140-metric- industry. However, it’s vitally important shallow-water infrastructure. However, it kand Arena personnel from its new of- ton active heave compensated cranes to reduce costs in these circumstances also needs deepwater technology, infra- ? ce in Ciudad del Carmen, Mexico. The and Super Mohawk ROV spreads. and it’s essential to be as ‘lean and mean’ structure and investment. This is mostly project will be performed utilising a por- In an extension to its work with as you can,” says Reed. “Of course cur- achieved through licensing rounds and table saturation diving system to be pro- Maersk Oil in the North Sea region, in rent market conditions can delay your foreign investment, the IOCs likely being vided by Harkand on board the client’s June Harkand commenced decommis- investment decisions, but Harkand has a the major source of funding. Harkand is vessel. The project includes an option to sioning work in the U.K. Continental unique perspective because the compa- very well established on the service side, use Harkand’s DSV Sword? sh. Shelf supporting Maersk’s work in the ny is backed by private equity. We can we have the ? eet to meet both diving and

Also this year, Harkand secured a mul- Leadon ? eld. This new contract will see identify business opportunities, make deepwater requirements, and so we are timillion dollar contract with Maersk Oil Harkand deliver project management the case for funding to our owner, and very well prepared to take advantage of

North Sea Ltd. for the provision of dive and engineering services to the Danish- if approved, make suitable acquisitions.” the opportunities in Mexico.” support vessel services in the North Sea owned oil and gas company around its To support its new activities, Harkand

Strategic Initiatives & region. The 12-month contract will be drill rig program for subsea well plug has awarded a contract to global ship-

Acquisitions serviced by Harkand’s two DSVs, the and abandonment. With an estimated builders Vard Holdings Limited (VARD)

Harkand Da Vinci and Harkand Atlantis, 500-690 facilities reaching the end of Reed said there are two parts to contin- for one diving support and construction supported by project management and their operational life over the next three ued growth of the company’s business: vessel (DSV), with options for a second. engineering from Harkand’s Aberdeen decades, North Sea asset decommission- “First, there is the drive to continue our Delivery of the ? rst vessel, the Harkand 62 Maritime Reporter & Engineering News • AUGUST 2015

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