Press

Q4 sees Motive Offshore Acquisition and Division Launch


Motive Offshore Group, specialist in marine equipment fabrication and rental, has rounded off the final quarter of 2019 with the launch of a new Flexibles division and supporting acquisition.

Motive has completed the acquisition of Stavanger-based Pumptech for a seven-figure sum, reflecting the ambitious growth strategy which follows significant investment earlier this year from private equity firm, EV Private Equity.

Specialists in flexible flowlines and umbilical testing, Pumptech also brings a notably-large fleet of zone 2-accredited hydraulic pump units (HPUs).  On the back of a strong successful international operational history in oil & gas, renewables and maritime markets the combination of services are seen by Motive chief operating officer, James Gregg, as fundamental to the continuing global growth of the company, providing clients with an enhanced one-stop shop, focused on lowering clients costs with highest possible service levels and quality.

He said: “These recent developments are reflective of our continuous drive to offer unparalleled solutions for, as we put it, “the back-deck and beyond”. We are already renowned for our capabilities in the field of winch production, rental and inspection; the launch of our Flexibles division builds upon many years of experience and track record in this segment and serves to formalise our expertise in the deployment and testing of umbilical equipment.

“Motive has had an existing relationship with Pumptech for some time, and on that basis, we are aware that there is a strong market demand for the services this acquisition provides to our clients.”

The new division sees the appointment of Richard Charles as Flexibles Division Manager. With a track record of senior roles within the flexibles field, his appointment is described by James Gregg as “highly influential”.

Commenting on his arrival at Motive, Richard Charles said: “This is an incredibly positive time to be joining the Motive Offshore team. There is a noticeable lack of comprehensive flexibles service providers in the North Sea; our immediate vision is to develop this in both the UK and Norwegian sectors.

“However, Motive's impressive geographic footprint is already in place to facilitate future growth and our ultimate objective is to build a holistic umbilical service on a global scale.”

Launched in 2010 by James Gregg and Dave Acton, Motive Offshore Group is headquartered in Boyndie, Banff, Scotland, with additional offices in Aberdeen, Houston, Norway and the Middle East.



New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Visit source site

https://motive-offshore.com/

MarineMarine EquipmentFabricationOffshoreAcqusitionnew division

More items from laurakrauss


Fulkrum Technical Resources Breaks New Ground with Mozambique Contract

Fulkrum Technical Resources (FTR), a global provider of technical personnel specialising in QA/QC, inspection and vendor surveillance services to the energy industry, has announced a significant contract win in Mozambique, awarded by a major hydrocarbon exploration company. Under the multi-year ag ...

Laura Krauss


Posted 14 days agoPress > technical personnel specialistQA QCcontract win +2

Unique Group Invests in Indian Diving and Life Support Facility

A multi-million rupee investment to enhance its Diving and Life Support division in western India will see Unique Group company Unique Hydra strengthen its infrastructure and increase customer accessibility in the region. The 10,000 sq. ft facility in Vadodara, Gujarat, will offer assembly and man ...

Laura Krauss


Posted 14 days agoPress > Subseadivingoffshore diving +6

Surveying the Future – iSURVEY Moves into 2020 on a High

iSURVEY Group, a leading provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has celebrated a prosperous year, with several major contract wins. 2019 has seen the company expand its range of services; extending its track record ...

Laura Krauss


Posted 1 month agoPress > isurveySurveySurvey and Positioning +3

Attollo Offshore Receives Global Kudos

Offshore marine operator, Attollo Offshore, has been announced as an ELITE “Future Shaper” by the London Stock Exchange Group. The recently issued ELITE's Future Shapers Report identifies just 50 companies from a global community of over 1,300 businesses, which showcase some of the most ambitious, ...

Laura Krauss


Posted 1 month agoPress > Marinemarine operatorOffshore +2

Celebrating a Prosperous 2019 – FTR Continues its Year-on-Year Growth

Fulkrum Technical Resources (FTR), global provider of technical personnel specialising in QA/QC, inspection and vendor surveillance services to the energy industry, celebrates a successful year end with contract wins resulting in year-on-year growth of more than 55%. Operating out of eight bases a ...

Laura Krauss


Posted 1 month agoPress > technical personnel specialistPersonnelinspection services +4
All posts from laurakrauss