Offshore Design Engineering Ltd

Name

Offshore Design Engineering Ltd

Legal name

Offshore Design Engineering Limited

Website

https://ode-ltd.co.uk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Offshore Engineering Services

NAICS

Engineering Services (54133), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Services-Engineering Services (8711), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)

akta.pro secondary industry

Utility-Scale Renewable O&M (Solar, Wind, Hydro, Geothermal) (EUAMAGAA)

Keywords

• Offshore engineering services
• Asset management oil gas
• Duty holder services
• Offshore wind engineering
• Integrity management services

Headquarters

HQ city

Wimbledon

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Engineering Consultancy and Project Services: Fee-for-service technical consultancy, engineering, project management, and operations support across full asset lifecycle (conceptual to decommissioning) for oil and gas and renewables. Delivered via multi-year framework agreements (e.g., 3-5 year with SSE, Vattenfall, Scottish Power Renewables, DONG Energy) and discrete project contracts (e.g., Baltic Power, French offshore wind, GASSCO, Bacton).
2. Operations and Maintenance (O&M) and Duty Holder Services: Long-term managed services for offshore oil and gas assets (Installation Operator / Pipeline Operator / Duty Holder roles) covering operations, maintenance, integrity management, logistics and procurement. Recurring contract-based revenue; example: 5-year Integrity Management contract at IUK's Bacton Gas Terminal. Pre-FID costs deferred and pre-First Gas costs 50% deferred (IOG model).
3. Pressure Equipment Manufacturing: Acting as a full manufacturer or QA/QC representative for pressure equipment, with EU/CE marking compliance, providing direct product revenue as part of brownfield engineering work.
4. Proprietary Technology Licensing (AWC): Articulated Wind Column (AWC) proprietary foundation technology for mid-to-deep water offshore wind; ODE presenting at industry forums and co-developing with MEES and DORIS Engineering partners.

Pricing tiers

Go-to-market motion4 records

Core offering

ODE Asset Management delivers integrated engineering, asset management, and operations support services for offshore oil, gas, and renewable energy assets. Core offerings include Installation Operator/Pipeline Operator (Duty Holder) services, integrity management, EPCIC delivery, brownfield modifications, decommissioning, and fixed/floating offshore wind engineering. Services are delivered via multi-year framework agreements and bespoke project contracts.

Product overview

Offshore Design Engineering Ltd (ODE), part of the DORIS Group, delivers a portfolio of integrated engineering and asset-management services for offshore energy rather than a single software product. The core asset-management service (ODE Asset Management) anchors the offering, providing Installation Operator / Pipeline Operator (Duty Holder) coverage, operations & maintenance, Integrity Management Services (using a bespoke API 580 Risk Based Inspection-based software), and Walk to Work campaign delivery using chartered vessels such as VOS Glamour with the Survitec Halo lifejacket standard. Around this core sit complementary engineering service lines: Engineering Consultancy, Brownfield Engineering, EPCIC, Decommissioning Services, 3D Modelling and Surveying, and Pressure Equipment Manufacturing, all of which feed modifications and life-extension projects. The renewable-energy offering spans Fixed Offshore Wind Engineering (with framework agreements and Owners Engineer roles on projects such as East Anglia ONE / ONE NORTH / TWO / THREE, Baltic Power, and Vattenfall's European portfolio), Floating Offshore Wind Engineering (anchored by the proprietary Articulated Wind Column (AWC) deep-water foundation concept), and the Dolphyn Hydrogen Project for offshore green hydrogen production. Together these service lines form a platform-plus-modules architecture in which the duty-holder/asset-management core draws on the engineering, fabrication, integrity, and offshore-wind modules to deliver end-to-end offshore energy projects.

Differentiator

Problem solved

Functional benefit

Brands

• ODE Asset Management (ODE AM): Wholly owned subsidiary providing installation and pipeline operator (Duty Holder) services, asset management, operations and integrity support for oil and gas assets in the UK Continental Shelf.
• ODE Renewables / ODE Renewables Business Line

Products and services

• ODE Asset Management
• Engineering Consultancy

Quantifiable outcome

• Babbage platform: zero lost time incidents, ~99.5% production availability, zero SECEs in current maintenance backlog, year-on-year OPEX reductions over 10 years of safe operations
• +6 more outcomes

Named customers17 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

18 partnerships are on record, tiered core, minor and flagship.

• Vroon Offshore Services LimitedcoreChannel Partner/ Reseller/ Distributor · 1 May 20243-year charter (commenced early May 2024) of the VOS Glamour multi-role vessel managed by Vroon Offshore Services Limited. VOS Glamour performs emergency response and multi-role duties across ODE AM's portfolio of managed assets in the UK Southern North Sea, operating from the Port of Lowestoft. VOS Glamour selected for technical capabilities, low fuel consumption, and the crew's 8+ years lost time incident free record. ODE AM and Vroon collaborating on future fuel and carbon saving initiatives.
• Peterson Energy LogisticscoreChannel Partner/ Reseller/ Distributor · 1 December 2022Peterson awarded a 3-year contract by ODE AM to provide integrated logistics services from the Port of Lowestoft, including quayside services, fuel bunkering, road transport and other logistics for ODE AM's 7 offshore managed assets in the Southern North Sea. Peterson's Lighthouse technology suite used as integrated logistics platform.
• SSE RenewablescoreStrategic or Co-development Partner · 11 February 2021Framework agreement with contract duration up to 3 years for Offshore Structural Design across multiple sites in the UK and Ireland. ODE appoints new secondees to work alongside SSE's UK and Irish offices and from ODE's own UK offices and headquarters.
• PKN ORLEN / Baltic Power sp. z o.o.coreStrategic or Co-development Partner · 16 September 2020Contract to undertake the initial technical design and building permit design for the Baltic Power offshore wind farm (up to 1.2 GW aggregate capacity, 131 km2 licence area ~23 km north of the Polish coastline). Includes technical designs of the offshore site, turbines layout, energy production calculations, budget and schedule. Executed from ODE's London (Wimbledon) headquarters with local technical support in Warsaw and Gdańsk. Construction start targeted 2024.
• DOLPHYN Project Partners (Tractabel Engie, ERM, NEL, Doosan)coreStrategic or Co-development Partner · 21 July 2020Consortium of partners developing the Dolphyn (Deepwater Offshore Local Production of HYdrogeN) project - a first-of-its-kind offshore green hydrogen project to be constructed off the coast of Aberdeen. ODE acts as pre-FEED designer for project topsides; Tractabel Engineering is pre-FEED contractor for sub-structure and turbine design; NEL brings specialist hydrogen expertise; Doosan evaluating NEL's PEM electrolyser technology. Targets 2MW semi-submersible prototype by 2024 and 10MW pre-commercial facility by 2027.
• Chiyoda Corporation (Japan origin of Takao Sato)minorOthers · 23 October 2019Takao Sato joined ODE as Japan Country Manager from Chiyoda Corporation (a major Japanese engineering company specialising in oil and gas, LNG and other industrial facilities). Sato-san holds a number of director and senior management positions at both Japanese and international companies and brings extensive experience in electrical engineering and offshore projects.
• Independent Oil and Gas plc (IOG)flagshipStrategic or Co-development Partner · 18 October 2017Letter of Intent (LOI) signed for ODE to perform several key contractor roles for IOG's Blythe Hub and Vulcan Satellites Hub development, starting with technical and operational support ahead of FID. ODE to be the Operations & Maintenance service provider and to be responsible for operational management of all IOG's assets and the Thames Pipeline and network of in-field pipelines. IOG continues as 100% Licence Owner and Operator. ODE AM hosts IOG's onshore operational base at its facilities in Great Yarmouth, close to the Bacton terminal. Pre-FID costs fully deferred; pre-First Gas costs 50% deferred. ODE delivered the Blythe H2 well hook-up, commissioning and start-up in June 2023.
• Vattenfall Europe (Vattenfall WindKraft and affiliates)coreStrategic or Co-development Partner · 26 September 2017Two Framework Agreements (until 2021) for Electrical Project Management, and Wind Turbine Generator (WTG) Project Engineering and associated Project and Interface Management, applying to Vattenfall WindKraft, subsidiaries and affiliated companies across the UK, Germany, Netherlands, Denmark and Sweden. Long history of supporting Vattenfall across multiple projects.
• DORIS Engineering (consortium partner)coreStrategic or Co-development Partner · 24 August 2017ODE / DORIS Engineering consortium awarded Owners Engineer contracts covering Wind Turbine Generator Installation and Marine Construction Management for the Éoliennes en mer Dieppe et Le Tréport and Iles d'Yeu et de Noirmoutier offshore wind farms off the Normandy and Pays-de-la-Loire coasts (62 Adwen 8MW turbines each, 496MW per project, 4000 GWh/year combined).
• Northland Power and Yushan EnergyflagshipStrategic or Co-development Partner · 15 August 2017Joint host of Taiwan Offshore Wind Delegation during UK renewables fact finding mission. ODE is principle engineering contractor for the Ormonde wind farm and is closely involved with development of the Hai Long Offshore Wind Farm (1,200MW) in Taiwan waters off Changhua County for developers Northland Power and Yushan Energy. Hai Long will use jacket technology foundations and industry-leading turbine technology, with similarity to Ormonde development.
• MEES and DORIS Engineering (AWC technology partners)coreStrategic or Co-development Partner · 18 April 2017ODE on behalf of other Partners, MEES & DORIS Engineering, presented the Articulated Wind Column (AWC) at the International Offshore Partnering Forum in Annapolis, Maryland. AWC is a cost-effective fixed foundation solution for mid-to-deep water offshore wind (230ft to 660ft / 70m to 200m). Field demonstration sites in ~90m water depth planned; turbines 6-8MW; total capacity up to 100MW envisioned.
• Scaldis Salvage & Marine Contractors and Tullow OilcoreImplementation/ SI/ Consulting Partner · 28 March 2017ODE completed engineering support for Scaldis for the removal of topsides and jacket from a Normally Unattended Installation as part of the Horne & Wren gas fields decommissioning project (operated by Tullow Oil, 40m water depth, 65km east of Norfolk). Provided basis of design, weight control report, topsides & jacket structural/lift point verification and on-bottom stability analysis. ODE has history on Horne & Wren including conceptual/detailed designs and design and operations safety cases.
• Lake Erie Energy Development Corporation (LEEDCo) and Fred.Olsen Renewables USAcoreStrategic or Co-development Partner · 25 October 2016LEEDCo in Cleveland, Ohio appointed ODE as engineering representative for the Icebreaker Wind project, a 20.7 MW offshore wind project in Lake Erie and the first freshwater offshore wind project in North America. ODE facilitates the certified verification agent (CVA) process, including basis of design, design methodology and independent loads analysis. 3-year relationship.
• DONG Energy (now Ørsted)coreStrategic or Co-development Partner · 17 October 20164-year engineering services and consultancy framework agreement (with option to extend to 2022) supporting DONG Energy's oil and gas assets across the Danish, Norwegian and UK continental shelves. Scope includes front-end engineering, maintenance and modifications, discipline engineering, late life and decommissioning, and procurement services. Built on 6-year relationship.
• DORIS GroupflagshipStrategic or Co-development PartnerODE is an integral part of the DORIS Group, a global engineering and project services company. ODE operates as the centre of excellence for the shallower fixed offshore wind market, while DORIS Engineering's 'DORIS Renewables' division focuses on floating wind and seawater thermal energy. ODE is co-located with DORIS at Nelson House, Great Yarmouth, enabling streamlined collaboration. Together, DORIS Group plans to grow marine renewables to 30% of Group turnover within five years. ODE provides O&M services for both floating and fixed markets.
• Braemar Shipbroking Limited (formerly Braemar ACM)coreImplementation/ SI/ Consulting PartnerBraemar Shipbroking Limited (formerly Braemar ACM) acts as ODE AM's shipbroker, supporting the 3-year charter of VOS Glamour (and previously the 9-month charter that began February 2023).
• Scottish Power RenewablesflagshipStrategic or Co-development PartnerMultiple framework agreements over an 8-year relationship: external resources consultancy framework agreement for East Anglia ONE (£2.5bn investment, up to 102 turbines of 7MW, 714MW), East Anglia ONE NORTH and East Anglia TWO (£4bn investment across both, 800MW each, 1.2m homes combined), and East Anglia THREE (£3.5bn, up to 172 turbines of 7-12MW, 1200MW, 890,000+ homes). ODE delivers engineering and project management support from the Project Office in Central London, with Marine Base/Engineering facilities in Great Yarmouth supporting installation and O&M.
• EDF EN (Provence Grand Large) and Quadran (EolMed)minorStrategic or Co-development PartnerFirst projects for DORIS Renewables division: Provence Grand Large floating wind project for EDF EN, and EolMed floating wind project for Quadran. Collaboration with Bardot on Sea Thermal Power Plant.

Scale indicators14 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Saipem: Offshore engineering, procurement, construction and installation contractor serving oil & gas and offshore wind markets. Competes with ODE on French and Mediterranean offshore wind projects and on integrated EPCIC delivery.
• Aker Solutions: Norwegian offshore engineering and construction firm with major offshore wind and oil & gas portfolio. Competes with ODE on Norwegian Continental Shelf framework agreements and on large floating wind foundation concepts (though Aker is far larger and more vertically integrated).
• Petrofac: Integrated offshore engineering, EPCIC, and operations support provider with strong North Sea and Middle East presence. Competes with ODE on brownfield modifications, integrity management, and duty holder services for mature UKCS assets.
• TechnipFMC: Subsea and surface engineering heavyweight with significant offshore wind and oil & gas engineering services. Competes with ODE on large offshore engineering packages including the French offshore wind farms where ODE holds Owners Engineer contracts.
• Worley: Global energy project services and consultancy covering offshore engineering, asset management, and renewables. Provides Owners Engineer services on major offshore wind farms and competes with ODE for SSE, Vattenfall, and other utility frameworks across the UK, Europe, and APAC.
• AtkinsRéalis (formerly SNC-Lavalin): Global engineering consultancy with major offshore wind and energy transition practices. Competes with ODE for Owners Engineer and Owners' Representative roles on European offshore wind frameworks and for asset management services to operators.
• Wood Group (Wood plc): Global energy engineering and consultancy with extensive offshore engineering, asset management, and duty holder services for North Sea operators. Directly competes with ODE for major framework agreements with Shell, BP, SSE, and TotalEnergies, though Wood operates at vastly greater scale.

Emerging players

• Principle Power: Developer of the WindFloat floating offshore wind foundation - a competing technology to ODE's Articulated Wind Column. Directly comparable as a niche deep-water floating wind technology player aiming to license its proprietary foundation concept to offshore wind developers.

Direct peers

• AqualisBraemar (now part of Aqualis Holdings): Independent offshore engineering consultancy offering marine warranty, engineering, and vessel broking services to offshore energy markets. Closely comparable in scale and service mix to ODE, particularly across European and offshore wind markets.
• Bilfinger UK: UK-based industrial services and engineering consultancy with strong North Sea presence, providing brownfield modifications, integrity management, and asset support services. Most directly comparable in scope and size to ODE's UKCS engineering and asset management offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Offshore Design Engineering Ltd