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    DeepOcean enters geotechnical market

    Company News // February 14, 2014

    Bart Heijermans: "geotechnical market is under-supplied".

    DeepOcean Group Holding has made a decision to enter the market for offshore geotechnical services. The company has acquired a geotechnical drilling rig and entered into a strategic alliance with Geoquip Marine AG for the provision of gotechnical services in the Greater North Sea and collaboration worldwide.

    “The offshore geotechnical market is under-supplied and DeepOcean, through its strategic alliance with Geoquip, and its relationships with key customers worldwide, is well positioned to become a preferred geotechnical service provider and a viable alternative to the current segment leader in the Greater North Sea," said DeepOcean's CEO Bart Heijermans.

    “We have several vessels in our fleet of 14 owned and chartered vessels that can deploy the geotechnical drilling rig and we are targeting a number of opportunities in the offshore renewables and oil and gas sectors to get this important initiative started”, said Mr Heijermans.

    “DeepOcean is the ideal alliance partner," said GeoQuip Marine'S CEO Andrew Wright. "The synergies between the two companies will result in us being able to offer clients high quality seabed drilling and testing services particularly in deepwater and in challenging environments such as the Arctic, and will provide much needed global competition," said Mr Wright.

    The new rig is a heave-compensated, deepwater drilling rig built and commissioned in 2011. The rig is capable of operating in water depths of in excess of 600m and drilling with a combined water and borehole depth of 850m.

     

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