News

HFI was delighted to meet up with Interocean Marine Services’ CEO Fraser Moore and Robert Dalziel recently to support their Middle East business expansion. It was also a pleasure to connect with the wider Interocean leadership team including Simon Laing - CFO, Alex Clark – CCO, Alex Reid - COO and Sara Cole-Hamilton – In-house Counsel.

Robert was recently appointed as Managing Director late last year for the Middle East and Asia Pacific regions to drive Interocean’s growth strategy in key regions. Robert has 30 years of experience in the energy sector and previously served as the Managing Director and CEO of Rigmar Group – Interocean’s recently merged sister company. As such, Robert has an in-depth understanding of Interocean’s operations and strategic objectives.

Interocean, headquartered in Glasgow, provides a comprehensive range of services to the offshore oil and gas, marine, and renewable sectors. Interocean operates a global network with offices in the UK (Aberdeen and Middlesbrough), Norway (Stavanger, Kristians and Oslo), Canada (St. Johns), Ghana (Takoradi), Angola (Luanda) and UAE (Dubai).

Recent contract wins include a four-year extension to its frame agreement with multinational power company, Vattenfall, introducing its remotely operated vehicle (ROV) inspection services to support Below Water Balance of Plant (BOP) for the Thanet, Kentish Flats, and Kentish Flats Extension wind farms, alongside the Aberdeen and Ormonde offshore wind farms it already supports.

Interocean’s Middle East expansion comes at a time when the energy market is burgeoning in the GCC region with the Energy Industries Council (EIC) DataStream project database now tracking 509 energy projects in the region with a market value for the region of almost US$750 billion for the period to 2030.

Saudi Arabia remains the largest regional market and one of the most prospective global energy markets and US$242 billion of energy projects are being tracked by the EIC Datastream for the period to 2030. Next week in Dhahran sees the In-Kingdom Total Value Add (iktva Community) Forum & Exhibition 2025 on 13 – 16 January. This event is aramco’s flagship event showcasing the iktva program.

As Middle East specialists with our origins in the North Sea oil and gas sector, HFI has been privileged to support a multitude of North Sea origin businesses, such as Interocean, in their MENA business expansion particularly in relation to business growth ventures through international group structures, local partner ventures, acquisitions and in-region technology manufacturing.

HFI will be attending iktva 2025 and we look forward to meeting up with key clients and connections there.