4Subsea Adds Astori
- Business & Finance
4Subsea has acquired Norwegian subsea solutions provider Astori.
With the addition of Astori, 4Subsea has expanded its portfolio with aim to help operators optimise offshore operations with new technology and digital services.
“With this acquisition we are building upon our strategy of delivering leading-edge monitoring and maintenance services that provide significant business value to operators – all the way from the reservoir to deck. We are pleased to have the excellent team of experts from Astori join us in developing innovative solutions to the industry going forward,” said Peter Jenkins, CEO of 4Subsea.
“We are very happy to have reached an agreement with 4Subsea on joining forces to further develop and deploy our control systems for the oil & gas industry. We look forward to working closely with the domain experts in 4Subsea within well operations, sensors and digital services,” added Tor Mogens Jentoft, CEO of Astori.
4Subsea said it will investigate the opportunities of further digitising Astori’s subsea control modules, in the same way they have developed digital twins for subsea production and drilling.