News | September 2, 2014

Aquatic To Host Aberdeen IACCM, 11 September 2014

Aquatic Engineering & Construction Ltd, an Acteon company, will host the next Aberdeen International Association for Contract & Commercial Management (IACCM) meeting on Thursday 11 September 2014, beginning at 08:00, at its Aberdeen headquarters.

The meeting is open to all IACCM members and will have a limited number of places for non-members who may be considering joining the association. Jenny Bamford, Aquatic’s vice president commercial, will reprise the topic she recently presented at the IACCM European Forum in Copenhagen, Denmark. 

Diane Kilkenny, IACCM’s director, Europe & Africa, will deliver the keynote address and discuss why commercial development at grassroots level is strategically important for the oil and gas industry in Aberdeen. She will also present the results of the Top Terms in Negotiation, the most negotiated terms as found in the recent research, trends and the impact they will have on negotiations over the coming years.

The IACCM is globally renowned for establishing and governing value-driven trading relationships. It was founded in 1999 with support from British Telecom, Hewlett-Packard, IBM, Lucent Technologies, Marconi Communications and Siemens. It now has members from 158 countries and more than 11,600 corporations.

Kilkenny said, “We are looking forward to encouraging members and non-members alike to consider the strategic importance of commercial departments in driving value throughout their organisations. This is relevant in any industry and brings significant advantages for the oil and gas industry in a commercial heartland like Aberdeen.”

Bamford’s presentation during the Danish conference in June, “Best-Class Management: The Strategic Contracting Transformation at Aquatic,” shared how the changes implemented at Aquatic have revitalised the company’s approach to commercial practice. There are now 13 employees across the company enrolled on the IACCM accreditation programme to achieve excellence in their level of competencies and skills.

Aquatic group president, Chris Brooks, said, “Aquatic’s corporate membership of the IACCM supports a team of employees striving for commercial excellence. Our business transactions create mutual benefits, and our customers and suppliers recognise that our commitment to excellence also extends to excellence in our commercial relationship with them.”

Due to limited space, attendance is by invitation only and anyone wishing to attend should register via the IACCM website: www.iaccm.com/events/.  For more information or to book your place, email Diane Kilkenny, Director, Europe & Africa at dkilkenny@iaccm.com.

About Aquatic
Aquatic continues to develop a strong global reputation for its ability to lay flexible and semi-rigid product on the seabed. With wide experience of off- and onshore installations, transpooling and recovery and decommissioning, Aquatic develops and leverages innovative technology to extend its capabilities to match clients’ expectations. Its highly experienced and qualified project management team ensures smooth delivery and client peace of mind.

Aquatic is part of Acteon’s wider risers, conductors and flowlines offering and joins the other Acteon companies in linking subsea services across a range of interconnected disciplines. Combining the strengths of a major global organisation with those of independent market specialists, all Acteon companies have complementary skills, experience and technologies that link seabed to surface across a range of interconnected disciplines. For more information, visit www.aquaticsubsea.com

About Acteon
Acteon companies provide mooring, foundation, riser, conductor, flowline and marine electronics products and services supported by strong engineering and project management capabilities. Acteon’s companies are 2H Offshore, Aquatic, Claxton, Conductor Installation Services (CIS), Core Grouting Services, Fluke Subsea, InterAct, InterMoor, J2 Subsea, Large Diameter Drilling (LDD), LM Handling, MENCK, Mirage Machines, NCS Survey, Offshore Installation Services (OIS), Probe, Pulse Structural Monitoring, Seatronics, Subsea Riser Products (SRP) and TEAM Energy Resources.

About Subsea services
Subsea services are defined as the provision of specialist equipment, services and personnel that can operate from any fit-for-purpose vessel or platform. Acteon’s subsea services offering is unique and addresses operational requirements that support oil and gas asset owners, construction and drilling companies, and vessel owners.

About IACCM
The International Association for Contract & Commercial Management enables public and private sector organisations and professionals to achieve world-class standards in their contracting and relationship management process and skills. With 28,700 members across 158 countries and over 11,600 corporations, IACCM leads the way in responding to the demands of global networked markets. For more information, visit www.iaccm.com.

SOURCE: Aquatic Engineering & Construction Ltd.

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