octaenergygroup.com http://www.octaenergygroup.com.com octaenergygroup.com Mon, 06 Aug 2018 12:44:16 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 EPIC Derrick Barges http://www.octaenergygroup.com.com/2018/07/epic-derrick-barges/ http://www.octaenergygroup.com.com/2018/07/epic-derrick-barges/#respond Tue, 03 Jul 2018 19:34:25 +0000 http://www.octaenergygroup.com.com/?p=633 EPIC Companies, LLC is pleased to announce both of its heavy lift derrick barges have successfully mobilized for the 2018 Decommissioning Campaign. The Epic Hedron (1,760 s.tons) and Epic Arapaho (800 s.tons) will be performing a variety of work-scopes including platform removals, equipment lifts, well/caisson removals, and downed vessel recovery.

Epic Diving and Marine maintains year round air and gas diving spread on the vessels – complete with dual launch & recovery systems and capability of increased depths utilizing the portable 450’ and 1000’ saturation diving systems.

EOT Cutting keeps an variety of diamond wire and hole saws onboard, with quick access to the entire EOT collection of tooling – multistring hot taps, valve drilling, rail saws, and slot cutters. Technicians and HPUs have interchangeability across product lines – minimizing headcount, deckspace, spares, and of course – cost.

EOT Abrasives is the preferred solution for single and multistring internal abrasives – offering the highest pressure system available in the western hemisphere.

EPIC is committed to being the premier one-call solution in the Gulf of Mexico. No other provider can offer such an extensive suite of services in-house and fully unified by the EPIC safety culture, ISO 9001 certification, and cross functional project management organization.

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EPIC Diving and Marine http://www.octaenergygroup.com.com/2018/06/diving-marine-news-here/ Thu, 14 Jun 2018 22:51:56 +0000 http://www.octaenergygroup.com.com/?p=383 EPIC Companies, Diving and Marine Division, has been awarded a substantial pipeline construction project in the Gulf of Mexico. This project is a continuation of a project that was initiated last year and involves EPIC providing pipeline spool installation, spool piece fabrication, subsea tie-in activities and pre-commissioning work. This work is expected to commence in the 3rd Quarter, will be conducted by Saturation Diving from a DP Vessel and is expected to be completed within 50 days of commencement.

John Herren, VP and GM of EPIC’s Diving and Heavy Lift Divisions commented, “This award is significant in that there are not very many construction projects in today’s market and our customer has trusted EPIC to perform this complicated and detailed scope of work.”

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EPIC Acquired TETRA Offshore Services Division http://www.epiccompanies.com/2018/06/acquiretetraoffshoreservicesdivision/ Wed, 06 Jun 2018 14:08:48 +0000 http://www.epiccompanies.com/?p=66

HOUSTON–(BUSINESS WIRE)–EPIC Companies (EPIC) is pleased to announce it has agreed to acquire the entire Offshore Services division of TETRA Technologies, Inc. (NYSE: TTI) (TETRA). Specifically, the businesses to be acquired are the diving (EPIC Diving and Marine Services), heavy lift, specialized cutting (EOT Cutting Services), rigless well P&A, and consulting (TSB Offshore) businesses of TETRA. These businesses provide offshore decommissioning, construction, installation and maintenance services to customers in the U.S. Gulf of Mexico and other markets.

At the close of this transaction, EPIC will become an independent company backed by a substantial investment fund. EPIC will retain the same leadership, employees, assets, quality and safety standards, as well as all certifications.

“We are excited about our new ownership and what this means for the future of our company. Serving our customers in the offshore decommissioning and construction sector will remain our foundation. In addition, we will have the capabilities to offer a broader range of products and services and a more extensive geographic reach,” said Peter Pintar, CEO of EPIC. Pintar further stated, “We have always been committed to safety and service excellence; that will not change.”

EPIC will continue to operate from the existing facilities in The Woodlands, TX, Belle Chasse, LA, Houma, LA, Broussard, LA and Port Fourchon, LA., as well as maintain the operation of major assets including the Derrick Barge Hedron (1763T), the Derrick Barge Arapaho (800T) and the Saturation Diving Vessel, Epic Explorer.

With the completion of this acquisition, EPIC will become a full-service provider to the global decommissioning, installation and maintenance market. EPIC, formerly TETRA Offshore Services, will continue to be known for environmental stewardship, customer service, outstanding safety and operational excellence.

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