Paul Shrieve, Chief Executive, North Sea Offshore Operations, Bureau Veritas (left) and Graeme Reid, Managing Director, MAC
Aberdeen-based Maritime Assurance & Consulting has been taken over by Burea Veritas for an undisclosed price.
Maritime Assurance was established in 2010 and has 30 employees, as well as more than 40 associates.
It will operate as a wholly-owned subsidiary, with the existing management team led by Graeme Reid, MAC Managing Director, very much continuing in place.
The acquisition is in line with BV’s commercial strategy in the North Sea offshore services sector to strengthen its local presence and increase its service provision capabilities for clients in currently challenging market conditions.
Maritime’s principal market is in offshore oil and gas, where it holds significant framework agreements with more than 90 operators and service providers.
Paul Shrieve, head of BV North Sea Offshore Operations, said: “We are delighted to welcome the MAC team to the BV family. The team has very quickly established the company as a leading provider in the North Sea and beyond, and this acquisition supports our strategy of strengthening our North Sea presence and extending our scope of services’’
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