HitecVision establishes new service group

Offshore staff

STAVANGER, Norway HitecVision is establishing a new oil service group under the name Global Maritime Group by merging five companies in its portfolio. The five companies are working within offshore and maritime engineering, marine warranty, dynamic positioning, vessel inspection, mooring and anchors, as well as offloading, transportation and installation of offshore structures.

The largest member of the new group will be Global Maritime, which provides consultancy to the offshore and maritime industries. In addition, the group will comprise Marine Contracting and Deep Sea Installation, both engineering companies focusing on segments within offloading, transportation, and installation of offshore structures. The group also includes Vryhof Anchors, a supplier of anchors and related mooring equipment for larger floating structures, and Deep Sea Mooring, which supplies mooring solutions.

The five companies that form the foundation for Global Maritime Group are owned by HitecVision Private Equity VI LP. Atle Eide, HitecVision senior partner, is responsible for the Global Maritime Group investment. The group is working to have a permanent chief executive in place by early 2015.

12/16/2014

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