RINA buys SeaTech, boosts its offshore oil & gas sector

Italian D’Appolonia, an independent engineering consulting company of RINA Group, has strengthened its expertise in the marine offshore oil and gas sector by acquiring a majority stake in Italy-based SeaTech Srl.

SeaTech provides analysis and design services, manages projects for offshore pipelines, subsea systems and structures and met-ocean monitoring systems, and also provides engineering supervision services on site.

Roberto Carpaneto, CEO, D’Appolonia, says: “Having SeaTech as part of the group helps us to consolidate our engineering expertise in the oil & gas sector, especially in the growth area of subsea systems and deep-water exploration.”

SeaTech provides specialised engineering services to contractors and engineering companies operating in the oil and gas industry. According to D’Appolonia, SeaTech has a turnover of Euro 2.8m. SeaTech will be 68 per cent owned by D’Appolonia with the remaining shares held by the founders.

SeaTech was founded in 2000. Explaining examples of SeaTech’s work, D’Appolonia further notes that from 2004 to 2012, SeaTech was involved in the Kashagan project that was at that time the largest reservoir discovered in the world and had particular technical peculiarities due to the hostile environment, both onshore and offshore. In 2013 SeaTech carried out the FEED of Bahr Essalam phase 2 project for Tecnomare.

D’Appolinia also notes that in 2015 Seatech delivered to Edison the met-marine and structural monitoring system for the Vega platform.

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