James Fisher forms joint venture with Chinese offshore service provider

Global subsea excavation specialist James Fisher Subsea Excavation (JFSE), part of James Fisher and Sons, has formed a joint venture with Ocean Team Asia Pacific (OTAP), a specialist Chinese offshore project, vessel, and marine equipment provider.

James Fisher said that the JV, named James Fisher Ocean Team, was formed to provide an enhanced service to clients in China.

Creation of the JV is a result of an existing four-year cooperation between JFSE and OTAP with the companies working together on several projects.

The company added that equipment would be positioned permanently in the country to enable efficient mobilization. Local operational and project management personnel will be delivering JFSE’s mass / controlled flow excavation (M/CFE) services in the oil and gas sector.

Apart from servicing the oil and gas sector, the new company will be focused on establishing M/CFE as a solution for projects in the offshore renewables sector.

JFSE’s team has had a presence in the region for eight years and has already completed numerous projects for Chinese clients including pipeline and cable trenching, deburial, and free span correction works.

Richard Beattie, JFSE APAC regional director, said: “China is an important and growing marketplace. Increasing our presence here is part of our strategic development plan for the continued growth of our business.

“We are confident our M/CFE tools and expertise will play a vital role in increasing the time and cost-efficiencies on a wide range of projects emerging in the oil & gas and renewables sectors.”

Roger Wang, CEO of OTAP, added: “This is an important step for us to increase and enhance how we can develop JFSE’s M/CFE offering in China. Establishing a local company, contacts and equipment base in China is vitally important to truly realize the potential of our growing marketplace.”

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply