Harkand and its local partner Esopeg have established Harkand Angola, a joint venture that will provide subsea inspection, repair and maintenance (IRM) services in the African country.
“This new venture, combined with the operations of the Swordfish DP2 multi-purpose vessel in the country, provides a very sound and sustainable operational basis for further development and growth both in Angola and the African region as a whole,” said Harkand’s general manager for Africa, Doug Fieldgate.
The JV plans to work on on both large-scale capital development projects and perform maintenance on existing aging operations using Harkand’s ROV and diving, inspection, engineering, project management and survey services.
“Angola is among the most resilient of the African regions in this sustained lower oil price climate. The joint venture in this country is a key milestone in the deployment and continued growth of Harkand in Africa,” John Reed, Harkand’s chief executive officer, said in a release.
The London-headquartered company has also established joint ventures in Nigeria and Ghana during the past 12 months.