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 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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