Looking Back and Looking Forward, by Danny Constantinis

December 21st, 2022

As we approach the new year, EM&I Group’s Executive Chairman and CEO, Danny Constantinis, reflects on the past and future of the business amid the global challenges faced by the industry.

As I get older one thing I have learned is that experience does not help me predict the future!

COVID-19, the Russian invasion of Ukraine, escalating prices, and slowing growth (even recession)… what next?!

Does this uncertainty make it impossible to manage a successful business?

On the contrary, organisations like EM&I survive and even prosper despite such geo-political turmoil… why?

This is because opportunities abound in times of change and nimble organisations, like ours, are able to grasp these opportunities before many competitors react.

2022 was a good example of how this works… The economy was starting to recover after the COVID-19 pandemic then the Russian invasion of Ukraine dampened the recovery and left many businesses floundering.

But there was an opportunity… this came from an accelerated demand for alternative oil, gas, and renewable energy (including the emerging yet rapidly growing floating wind industry) supplies which are exactly the markets that EM&I thrives in.

Our clients benefited from our approach to disruptive technologies including ODIN® diverless, NoMan® confined space and ExPertTM remote Ex services which is why we are seeing substantial growth in these areas and are forecast to deliver a record performance this year.

Looking forward, the demand for energy and especially renewable energy is growing urgently, driven by public demand, forcing governments – keen to show voters their commitment towards the pursuit of carbon neutrality – to create conditions for industry to deliver secure, price-stable energy supplies.

This momentum is irrespective of the surprises the world may throw at us, and therefore is something that we can, and do, plan for.

Is it difficult to be an EM&I type of business? Yes of course it is, but the rewards and satisfaction are worthwhile!

I wish you a wonderful festive break and very best wishes for a healthy and happy new year!

Sincerely,

Danny

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  • Vestigo

    I would like to further extend our appreciation to EM&I on the success of FPSO Berantai hull repair works in December 2023, through the application of CLAM technology. This advanced technology application along with the highest level of resources’ expertise and teamwork shown throughout the activity, have resulted in a safe and successful outcome.

  • Shell

    I would like to pay special recognition to the EM&I boys for the pace at which they worked..... all this completed whilst working to the safety standards we demand and in a tank which was physically demanding due to the temperature of surrounding tanks

  • Repsol Sinopec

    This has been a big win from the point of view of safety with NO confined space entry and NO working at heights as well as the added benefit that
    four tanks were completed in just over two days!

  • MODEC

    I would like to thank EM&I for all their work in creating and negotiating the alternative UWILD plan. This is the first MODEC asset globally to have been granted an alternative to the traditional diver driven inspection work.

  • Ocean Rig

    Congratulations with your job well done and safely. It’s been a pleasure having you guys on board. I have to report that I really appreciate working with your team here on board, their positive and professional attitude was greatly appreciated

  • BW Offshore

    The approach taken by EM&I towards Health and Safety has been excellent and they proactively advise on improvements that could be made in this area. Having a trusted expert in this field who could highlight any areas of concern and make the required recommendations was of immense value to the operations. All in all it has been a productive visit and I have no hesitation in having the EM&I team back on board in the future.

  • Vantage

    Your excellent professional organization and great work results in the successful completion of this scope with the minimum down-time for the rig. Overall I was very impressed and couldn’t recommend your company highly enough to anybody who would ask.

  • ExxonMobil

    EM&I have been able to provide skilled, specialist personnel during every mobilisation, and in all cases, they have been outstanding. The work has been professionally done and the reporting of the highest quality. I would like to pass on my appreciation to everyone in EM&I involved in the job for their hard work and making the job very successful.

  • SBM Offshore

    This Project required exceptional vigilance in keeping personnel safe, EM&I did a very good job in a safe manner. They maintained high safety awareness and gave full cooperation among the ASOM team. This Project can be summarised in 4 words … preparation, verification, execution, documentation. EM&I scored top marks in all categories.

  • Pacific Drilling

    The use of proper planning and risk assessments by EM&I was very important and critical to their projected timeline as all EM&I UWILD inspections were performed during normal offshore drilling operations. All inspections and documentation performed to the satisfaction of the Class Society Surveyor.

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