RINA Buys into SeaTech (Italy)
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.
SeaTech provides analysis, design services and manages projects for offshore pipelines, subsea systems and structures, met-ocean monitoring systems and provides engineering supervision services on site.
Roberto Carpaneto, CEO, D’Appolonia, says: “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 explorations.”
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 Euro 2.8m. SeaTech will be 68 per cent owned by D’Appolonia with the remaining shares held by the founders.
Examples of its work include SeaTech’s specialists working for Saipem in the Blue Stream project that at time had the record for the installation water depth, 2150m, and was the first pipeline protected by polypropylene anticorrosion coating. In 2003 SeaTech performed its first design of subsea structures (FLETs and PLETs) on behalf of Saibos, for Kizomba B project.
From 2004 to 2012, SeaTech was involved in the Kashagan project. In 2013 SeaTech carried out the FEED of Bahr Essalam phase 2 project for Tecnomare. In 2015 Seatech delivered to Edison the met-marine and structural monitoring system for the Vega platform.
