Royal IHC Buys Stake in Tompkins UK
- Business & Finance
Royal IHC has acquired a stake in Tompkins UK, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (created by IHC and Tompkins in 2015).
Modus is a provider of remote and autonomous technologies for subsea and seabed intervention.
The company deploys a fleet of work class ROVs and autonomous underwater vehicles (AUVs) in construction and drill support, as well as survey and inspection activities.
Modus also offers seabed intervention solutions in cable and pipeline trenching, and seabed earthmoving, among others.
TI Geosciences provides CPT/gravity-coring services.
“The strong combination of IHC and Tompkins gives customers access to technologically advanced, high-quality, efficient and integrated solutions in seabed data acquisition, management and application through surveying, engineering and intervention,” said Royal IHC.