AqualisBraemar LOC acquires renewables consultancy

AqualisBraemar LOC has announced the acquisition of UK-headquartered consultancy East Point Geo.

East Point Geo is a geoscience consultancy providing support for major offshore and onshore engineering projects, specialising in renewables and oil and gas developments.

“I’m very happy to announce this acquisition. East Point Geo has been a key partner to our rapidly growing renewables unit OWC across a number of offshore wind projects, and we have been continuously impressed with the quality of their delivery. Their complementary expertise enables us to offer a complete range of geoscience consultancy services to our clients, and provides additional growth opportunities particularly within renewables. Our ambition is for 50% of our revenues to come from renewables and sustainability oriented services by 2025, and East Point Geo will help us achieve that objective,” said David Wells, CEO of AqualisBraemar LOC.

AqualisBraemar completed its acquisition of marine and engineering consulting firm LOC Group and changed its named to AqualisBraemar LOC in December last year.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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