ESCO Germany, based in Hamburg, will provide MWS services to support the offshore transportation and installation (T&I) campaign relating to the foundations, inter-array cables and wind turbine generators (WTGs). Its scope of work includes the provision of expert technical review and approval of documents, operations and vessels relating to the warranted assets.

“We are pleased to support Iberdrola in their construction of Germany’s all-important Windanker offshore wind farm. This follows on from ESCO’s previous collaboration with Iberdrola in Germany on the Baltic Eagle project – reflecting our successful working relationship and the value we are able to bring to Germany’s growing offshore wind market. We are delighted to have the opportunity to continue applying our technical know-how and track-record in offshore wind to drive the continued expansion of Germany’s renewable energy generations.”

Owain Segal, CEO of ESCO Consultants

The Windanker project is a major offshore wind farm in Germany located in the Baltic Sea, located about 25 kilometres offshore. It consists of 21 15MW WTGs, with a combined capacity of 315MW. The installation activities are scheduled for 2025 and 2026, with project commissioning expected by the end of 2026.

In the German offshore wind market alone, ESCO and its sister company JMC has a project involvement track-record of over 20 offshore wind farms and a combined capacity of over 9GW to date.

ESCO is part of Oslo-listed ESCO Consultants ASA.

*ESCO Consultants defines a sizeable contract as between USD 1 million and USD 3 million.

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The mining solutions provider utilises digital and automated technologies to create safer, more productive and sustainable mining operations on behalf of its customers. In addition, the company aims to apply this digital approach to its own operations. The client’s manufacturing site in Canada has therefore selected ESCO’s asset integrity management unit to develop a bill of materials (BoM) and spare parts pilot project to streamline its inventory management processes through SAP, its computerised maintenance management system (CMMS).

This contract marks the expansion of ESCO’s consultancy service to support mining industries. Currently, ESCO primarily provides its services to the renewable energy, oil and gas, and maritime industries, however its solutions in AIM and energy transition can be applied to bring value to a wider pool of industries including manufacturing, healthcare, food and drink, among others.

This pilot project focuses on enhancing asset integrity management and inventory management practices, underlining the industry-agnostic capabilities of this service line.

ESCO’s Calgary office will spearhead the project in collaboration with the client’s local team in Canada.

“Our local presence in Calgary has been pivotal in fostering a collaborative relationship with our client as we can leverage on-site support to enhance project outcomes. Diversifying our portfolio by expanding to the mining sector is exciting for us as our technology and AIM services can be applied to any industry. We look forward to delivering high-quality results and nurturing a strong working relationship with our client,”

says Afia McClenaghan, managing director of ESCO’s asset integrity management team in Canada.

ESCO’s operations in Canada cover Calgary and Halifax

Our Canadian Asset Integrity Management team are based in Calgary and can support your business by offering invaluable advice and helping to implement a range of fully optimised asset management strategies including:

• Maintenance strategy optimisation
• Benchmarking and analysis
• Data migration
• Inventory and materials management
• Process safety management
• Asset life extension
• Training and competency

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REEF is a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, British Columbia, Canada.

ESCO’s scope of work includes marine advisory and MWS for the transportation of critical and heavy project cargo, from both international and domestic suppliers.

For the early planning phase, ESCO’s marine advisory support services comprises commercial and technical bid evaluations as well as engineering design support. For the execution phase, ESCO’s MWS services include independent third-party engineering review, vessel inspection, and site representation during cargo handling and transportation from overseas fabrication locations to Canada.

ESCO’s involvement has already commenced and will continue until the first quarter of 2026. ESCO has not disclosed the value of its contract.

ESCO’s operation in Canada will lead the project, with support from ESCO’s offices in Houston, Texas, and China.

“The REEF project will receive critical equipment from several corners of the world. Our job is to help make sure it arrives safely on site. Our global office network of marine transportation specialists will play a key role in achieving this,”

says David Ballands, ESCO’s director of energy services in the Americas region.

About ESCO Maritime in North America

ESCO’s extensive marine surveyor and consultancy footprint runs coast-to-coast in Canada and the USA, supporting with the full range of marine assurance & risk services, ports and harbours consultancy, and maritime consultancy, both for risk mitigation and in casualty management scenarios.

ESCO’s operations in Canada cover Calgary and Halifax.

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Hidromod is Portugal’s leading consultancy in water management solutions and numerical modelling. Through this acquisition, ESCO Consultants expands its service offering to water management consultancy to support offshore, coastal and inland assets and projects, including with Hidromod’s proprietary subscription-based software AquaSafe. The deal will also enhance existing offerings in ports and harbours consultancy and in climate change risk assessment and adaptation.

Read more about the transaction in our original press release:

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Energy and marine consultancy ESCO Consultants has entered into an agreement to acquire 100 percent of the shares of Hidromod – Portugal’s leading consultancy in water management solutions and numerical modelling.

Through this acquisition, ESCO Consultants expands its service offering to water management consultancy to support offshore, coastal and inland assets and projects, including with Hidromod’s proprietary subscription-based software AquaSafe. The deal will also enhance existing offerings in ports and harbours consultancy and in climate change risk assessment and adaptation.

“We are excited to welcome Hidromod as part of ESCO Consultants. Water is fundamental to our planet’s sustainability, both in terms of its essential properties to life and in the risks it poses to infrastructure and communities as climate change effects take hold. Hidromod provides vital and innovative solutions that will bring considerable value to the clients and markets we serve, whilst opening the door to drive sustainability in new sectors.”

Owain Segal, ESCO Consultants CEO

About Hidromod

Established in 1992, Hidromod specialises in numerical modelling and digital twin solutions to simulate and predict the behaviour of coastal systems, estuaries, catchments and other water bodies. By leveraging its data-science skills, the company provides real-time insights and advanced forecasting, enabling a comprehensive understanding of past, present and future conditions. The company is based in Lisbon and has 16 employees, including five PhDs, and delivered a revenue of approximately EUR 1 million in 2023.

Its solutions are applied to provide accurate evaluations of specific scenarios and improve efficiency in ports and harbours, offshore aquaculture and renewable energy, inland water management covering river engineering and agricultural projects.

Hidromod’s software solution, AquaSafe, is a digital decision support system, designed to process mass datasets and output clear and easy-to-use analyses regarding water behaviours in a particular location or relevant to a project.

Expansion strategy

The acquisition represents an opportunity to globalise and expand Hidromod’s unique expertise and services, leveraging ESCO Consultants’s expansive global footprint and multi-disciplined teams.

Further, Hidromod’s AquaSafe, has significant potential for application across a wider cross-section of industries and to more markets, which ESCO Consultants can provide the entry point for.

The acquisition of Hidromod also represents an opportunity to expand ESCO Consultants’s operations in Portugal, including provision of its marine and renewable energy consultancy to support the local market, leveraging Hidromod’s established market presence and reputation.

The parties have not disclosed the financial details of the transaction, which is expected to be completed in October 2024.

ESCO Consultants ASA is listed on Oslo stock exchange.

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David brings to the role, over 30 years of extensive experience in the asset management sector, beginning with the construction and commissioning of offshore platforms in the North Sea. His career trajectory led him to the Middle East, where he took on operational maintenance roles for offshore oil producers. Over recent years, David has moved into the asset management consultancy sphere, initially within a major oil field service provider in the UAE and Australia, before joining an Australian engineering, operations, and training service provider.

“We are delighted to have David join the company with a focus on establishing ESCO’s asset & integrity management services within the APAC region. David’s extensive background in engineering, asset management, and maintenance will allow him to approach clients with a high level of understanding that will benefit operations across varying sectors,” comments Simon Healy, ESCO Regional Managing Director for Asia Pacific

With a degree in Mechanical Engineering, David boasts a diverse skill set encompassing the construction of major facilities, commissioning and operation of machinery, analysis and refurbishment of equipment, and condition monitoring of critical rotating machinery. His status as a Fellow of the Institute of Engineers Australia underscores his specialist capabilities in Mechanical Engineering, Asset Management, and Project Management.

Expressing his excitement about joining ESCO, David states,

“I am very excited to be part of ESCO’s AIM expansion into the Asia Pacific region. I am incredibly proud of the teams I have helped establish to deliver asset management projects in Australia, all coming from differing backgrounds, spanning both energy and non-oil & gas industries. ESCO is a recognised name in asset and integrity management, and particularly in the oil & gas sector, whilst rapidly growing in other sectors including maritime, renewables, and manufacturing. I am looking forward to the challenge of building a regional team to bring this recognised service offering to add value to more markets and more industries across APAC.”

As part of the AIM expansion, David will also showcase ESCO’s software suite to the APAC region. David adds,

“I am also very excited at the prospect of bringing the award-winning AssetVoice, Effio, and ePAV to the region. There are endless possibilities in applying these versatile tools to ESCO’s core sectors of oil and gas, maritime, and renewables, as well as new industries such as healthcare, manufacturing, and field services.”

AIM offers strategic asset management, maintenance, inventory, and data optimisation solutions that enable operations across the globe to be safe, efficient, and profitable. Expanding AIM service offerings to the APAC region signals ESCO’s commitment to technical and service excellence, providing innovative end-to-end solutions that allow our clients across energy and oceans to receive unparalleled support throughout the entire lifecycle of their projects.

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