James Fisher Offshore partners with Aquatic to offer back deck solutionsNews // February 18, 2016
James Fisher Offshore (JFO), part of James Fisher and Sons plc, has announced the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd. The companies say their combined capabilities and expertise allows them to deliver fully integrated back-deck solutions.
The agreement enables JFO and Aquatic, who specialise in offshore equipment and flex-lay solutions, to package an integrated service and equipment offering as a single source supplier for customers and realise significant cost reductions and operational efficiencies. Both companies operate a global network of regional offices, allowing the delivery of a customer-focused, quality service worldwide.
Jack Davidson, managing director of James Fisher Offshore explained: “We are delighted to form this partnership with Aquatic and are already pursuing opportunities on a joint basis. Our aim is to work together to help address the current market conditions and strengthen our service offerings and global reach. We’ve already seen significant interest from customers, with the first collaborative project due for delivery shortly.”
The companies said the development of the partnership was a direct result of customer feedback. "Offshore operators want expert suppliers of services for critical path activities, yet have a significant requirement to reduce costs and streamline operations in the current challenging market conditions," they said. "JFO and Aquatic identified this opportunity to form a partnership, providing an enhanced customer-driven service, addressing the needs of the industry."