Drilling group acquires Deepwater Subsea

Sept. 21, 2021
The ModuResources Group has acquired Deepwater Subsea, a specialist in subsea equipment, BOP compliance and developer of the Janus24 real-time monitoring platform.

Offshore staff

SINGAPORE – Drilling services provider the ModuResources (MR) Group has acquired Deepwater Subsea, a specialist in subsea equipment, BOP compliance and developer of the Janus24 real-time monitoring platform.

The newly enlarged group will offer rig inspections, well engineering and intervention, well control and industry training, and real-time monitoring to support drilling operations and well life-cycle management.

Group CEO Duco de Haan said the strategy included helping clients “in creating more value out of their wells and continuously improving efficient operations of drilling rigs.

“Digital transformation is often seen as an objective in itself. However real-time monitoring and analytics are an enabler, a means to achieve a far better result for our clients.

“The MR Group is determined to invest significantly in this technology and further enhance its functionality as well as expanding its application beyond subsea equipment, i.e. applying it to critical drilling/marine equipment or to managed pressure drilling operations.”

09/21/2021