DeepOcean today announced that it had bought a geotechnical drilling rig and had established a strategic alliance with Geoquip Marine, in order to enter the offshore geotechnical services market.
The new rig is a heave compensated, offshore geotechnical deepwater drilling rig built and commissioned in 2011. The rig is capable of operating in water depths over 600 meters and drilling with a combined water and borehole depth of 850 meters.
DeepOcean’s CEO Bart Heijermans said that the company is targeting a number of opportunities in the offshore renewables and oil and gas sectors. He added that DeepOcean’s strategic alliance with Geoquip and its relationships with key customers worldwide, will position the company well in the geotechnical services market in the Greater North Sea.
GeoQuip Marine AG CEO Andrew Wright says: “The synergies between the two companies will result in being able to offer clients high quality seabed drilling and testing services particularly in deep water and in challenging environments such as the Arctic and will provide much needed global competition.”
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Press release, February 12, 2014; Image: DeepOcean (screenshot)