GeoSea acquires majority stake in G-tec

GeoSea acquires majority stake in G-tec

GeoSea, the geotechnical and offshore solutions specialist of Belgium’s DEME Group, has announced the acquisition of a 72.5% stake in G-tec.

G-tec is a contractor specialised in offshore geotechnical and geological site investigations, marine geophysical and environmental surveys and deepsea engineering services. The company owns the offshore geotechnical investigation vessel Omalius.

“The highly specialised activities and know-how of G-tec represent a strategic fit, enabling the DEME-group to further reinforce its fully integrated services to the offshore renewables, oil & gas, civil engineering and offshore mining market,” DEME said in a release.

In July, GeoSea also took over wind installation specialist A2Sea from Dong Energy and Siemens.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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