Semco Maritime acquires Capelrig
MARITIME INDUSTRY: Semco Maritime has acquired the British engineering company Capelrig to strengthen its market position for rig projects in the North Sea. Semco sees good opportunities for further growth within wind, oil and gas on the British market.
“We have a clear strategy to become the first company to offer rig upgrades in Denmark, Norway and the UK. The acquisition of Capelrig will add new competences and constitute a strong platform for growth on the British market for rig projects”, says Hans-Peter Joergensen, Senior Vice President responsible for rig projects, Semco Maritime.
The acquisition will at the same time provide a bridgehead for wind, oil & gas in the UK where Semco Maritime sees a huge growth potential.
”We will have a strong foundation in Aberdeen which is the centre for British oil and gas activities in the North Sea. The acquisition will strengthen our position and our potential for development within the entire offshore area”, says Hans-Peter Joergensen.
Capelrig is a engineering company with 34 years of experience and know-how within the oil and gas industry. The company delivers control and automation systems and has built up many competences within electrical and instrumentation (E&I). The customers are, among others, BP, Shell and Transocean.
In recent years, Semco Maritime has considerably expanded its position within rig projects area, and last year the opening of a new dedicated area for rig repair/ upgrade gave the company a favourable position compared to other suppliers. Two major rig upgrade projects were carried out for the world’s largest rig operator, Transocean.
“We want to be the preferred supplier to rig operators in the entire North Sea area and we have now taken an important step in the right direction. We will build on Capelrig’s success and extend the customer base and the geographical area. It is our goal to triple Capelrig’s current turnover within the next five year”, says Hans-Peter Joergensen.
Source: Semco Maritime / maritimedanmark.dk
