Texo Group is pleased to announce the acquisition of Aberdeen-based, Orca Subsea to form Texo Marine.
The engineering and technology group, which announced its launch last month is rolling out an ambitious and transformative strategy to meet the immediate and long-term strategic value-add needs of their clients.
Texo Marine will provide its clients with a range of support, technology and engineering services, specifically tailored to diving and ROV applications. Their management team comprises a wealth of cumulative Subsea experience, including Air, Saturation, Hyperbaric welding and repair, system manufacture, system commissioning and Subsea Construction, covering the North Sea, Middle East, Far East, Brazil, GOM and West Africa.
Texo Marine will become an integral part of the Texo Group, with significant capital investment being made available for new and advanced equipment, allowing further growth and development of services to its clients. Texo Marine will not only continue to build upon its existing client base within the sector, it is currently rolling out an impressive growth strategy for the division. The business will be based out of Texo Group headquarters at Westhill in Aberdeen, with an additional strategic operational base, embedded within Texo Fabrication’s new vessel Mob/De-Mob facility at the Port of Blyth.
Callum Masson, Managing Director, Texo Marine said: “Since our inception we have worked hard to stay ahead of the curve in developing solutions for our client’s diverse needs. When Texo first approached us and presented their vision for the iEPC group we were astounded by its sheer depth of offering; the group has assembled an enviable solution for clients and their assets.”
Callum added: “Being part of Texo Group will give us the necessary support to help drive even further growth in the business.”
Robert Dalziel, Managing Director, Texo Group commented: “We are redefining the landscape for the provision of integrated asset services, based on client needs. This acquisition is another example of our buy and build strategy in helping us achieve this. We are delighted to make this announcement and welcome the Orca team to the Texo family.”
Texo Group is set to meet the demand for integrated engineering services within critical infrastructure. Representing an unprecedented offering in turnkey services to both UK and global markets, encompassing initial design, through to lifecycle management of critical assets.
Providing integrated asset services, Texo Group will become a leading Inspection, Engineering, Procurement and Construction (iEPC) specialist for multiple sectors, including: Oil & Gas, Clean Energy & Renewables, Marine, Nuclear, Telecommunications, Utilities and critical civil/Infrastructure.
With its origins in intelligent asset management and advanced inspection technologies and building on the success of this business, Texo Group is currently undergoing an extensive expansion plan to ensure commitment to its integrated iEPC ethos.
The business will be headquartered in its purpose-built facility in Westhill, Aberdeen, alongside strategically placed fabrication facilities at the Port of Dundee, Hebburn and a new, bespoke fabrication facility located at the Port of Blyth, plus overseas Drone operating bases in Nigeria, Malaysia and Brazil.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/15082018/texo-group-acquires-orca-subsea/