Java Offshore buys geotechnical & site survey service specialist

Offshore service contractor Java Offshore has recently completed the acquisition of a majority stake in Asian Geos from both Gardline Geosciences and Helms Geomarine.

Asian Geos is a specialist offshore geotechnical and geophysical service provider within the Asia Pacific market.

Java Offshore said on Monday that the acquisition will enhance its existing portfolio of services through the addition of an offshore geotechnical and engineering capability focused in the oil and gas, marine renewables, marine civil engineering and telecommunication sectors.

The ability to undertake both geophysical and geotechnical services will also provide customers with an integrated approach of acquiring, analyzing and interpretation of data required for various engineering design and drilling requirements, the company added.

Rizal Shah, CEO of Java Offshore, said: “The consolidation of both companies will allow for a more cost effective and efficient platform for growth especially in the current challenges of the oil & gas segment. On top of that, the ability to share Asian Geos’s technical know-how and capability in geotechnical investigation and engineering will allow us to access new markets and ultimately provide more value for our existing and future customers.”

Dato’ Ir. Mohamad Helmi Zulkawi, Managing Director of Asian Geos, said: “The acquisition was a strategic decision which stemmed from our aspiration to expand its operations capabilities and realize its long-term plans of further enhancing its service offering in Malaysia and globally. This partnership gives us the opportunity to promote and securing more international businesses.”