The JV combines the expertise and assets of the two companies and will see Gregg Drilling mobilise its seabed drills onto the Armada fleet of uncrewed and optionally crewed vessels ranging from 21 m- 78 m in size.
Pairing Gregg’s deep-water geotechnical drilling capability with Ocean Infinity’s Armada geophysical fleet, and recently enhanced data analytics capabilities following the acquisition of MMT, will expand capabilities for both companies to complete offshore investigations globally. The JV will enable more sustainable underwater development, including geotechnical data collection, needed to support offshore wind anchor and foundation design.
Oliver Plunkett, Ocean Infinity’s CEO, said: “Partnering with Gregg Drilling to further expand the capabilities of our Armada fleet of vessels will enable us to provide full-service solutions to customers spanning geophysical and geotechnical tasks.”
“Gregg Drilling and its parent company Sealaska share our vision for reducing the environmental impact of offshore activities. This agreement marks another step on our journey to transform marine operations, and we are excited to be doing so in partnership with another innovative team that shares our passion for sustainability.”
John Gregg, President of Gregg Drilling, said: “We are pleased to partner with Ocean Infinity to provide an industry-leading geotechnical offering. Ocean Infinity’s Armada fleet has revolutionised the outlook for marine operations through its uncrewed capability and its unmatched focus on sustainability. We look forward to working together to best use the expertise of both companies.”
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/15042021/ocean-infinity-and-gregg-drilling-form-joint-venture/
You might also like
McDermott has been awarded a transportation and installation contract by PRIO for the Wahoo field, offshore Brazil.