D’Appolonia, the independent engineering consulting company of RINA Group, headquartered in Italy, has strengthened its expertise in the marine offshore oil and gas sector by acquiring a majority stake in Fano-based SeaTech Srl.
SeaTech provides analysis and design services, manages projects for offshore pipelines, subsea systems and structures and met-ocean monitoring systems, and also provides engineering supervision services on site.
Roberto Carpaneto, CEO, D’Appolonia, said: “Having SeaTech as part of the group helps us to consolidate our engineering expertise in the oil & gas sector, especially in the growth area of subsea systems and deep-water exploration.”
SeaTech provides specialised engineering services to main contractors and major engineering companies operating in the oil and gas industry. Founded in 2000, today SeaTech has a turnover of €2.8m. SeaTech will be 68% owned by D’Appolonia with the remaining shares held by the founders.