James Fisher Offshore in co-op with Aquatic
- Business & Finance
James Fisher Offshore (JFO), part of James Fisher and Sons plc, has announced the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd (Aquatic), an Acteon company.
The due said that their combined capabilities and expertise allow them to deliver fully integrated back-deck solutions to offshore operators globally.
According to a press release, this agreement enables JFO and Aquatic to package an integrated service and equipment offering as a single source supplier for customers that realizes significant cost reductions and operational efficiencies.
Both companies operate a global network of regional offices, allowing the delivery of services 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.”
Martin Charles, managing director of Aquatic, said: “We are renowned for our ability to slot seamlessly into customer organisations by offering reliable equipment and specialist teams to support the installation, recovery and replacement of flexibles. Our overall capability and expertise will be further enhanced by James Fisher Offshore’s equipment offering.”
“The creation of this jointly-structured project delivery team is motivated by our willingness to provide an alternative and responsive collaborative service to both our customer groups worldwide. Together, the single interface offers multi-disciplined experts to ensure the combined service is fully supported and delivered to the highest level of standards,” Charles concludes.