Isotek Oil and Gas acquired by Connector Subsea Solutions09 June 2020

Connector Subsea Solutions (CSS) Bergen, Norway, has completed the acquisition of Isotek Oil and Gas Limited. The Isotek workforce, which numbers 15 people, is transferring over to CSS with immediate effect.

The acquisition adds Isotek’s remote welding technology to CSS’s existing range of subsea pipeline repair capabilities, which are primarily focused on mechanical clamp and connector pipe joining solutions.

The deal is said to strengthen CSS’s position as a complete solutions provider for critical offshore connections and is part of a strategic drive to meet demand for technologies that offer lighter, smaller and more reliable pipeline repair methodologies for complex subsea and remote intervention.

The two companies have a long-standing relationship and have been at the forefront of subsea and deep water pipeline repair for many years. CSS CEO Ivar Hanson says: “Having led the industry on every major milestone with regards to remote repair using mechanical connectors, CSS now also has a proven capability for remote welding. Adding Isotek’s expertise and experience to our portfolio of services allows us to offer an unrivalled range of capabilities in the repair of shallow and deep water pipelines of up to 48in diameter, in the most challenging operating conditions.”

Simon Fripp, GM at Isotek, adds: “The synergies already in place between the Isotek and CSS teams will create exciting opportunities for us to develop new products and solutions for the oil and gas industry, such as our ROV power converters. This will give us strong growth potential and allow us to play a key role in supporting the trend towards autonomous subsea operations, as the industry ventures into increasingly challenging environments.”

Adam Offord

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