James Fisher Offshore (JFO), part of James Fisher and Sons plc, announces the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd (Aquatic), an Acteon company. Their combined capabilities and expertise allows them to deliver fully integrated back-deck solutions to offshore operators globally.

This agreement enables JFO and Aquatic, both experts in their fields of offshore equipment and flex-lay solutions, to package an integrated service and equipment offering as a single source supplier for customers that realises significant cost reductions and operational efficiencies. Both companies operate a global network of regional offices, allowing the delivery of a customer-focused, quality service worldwide.

Jack Davidson, managing director of James Fisher Offshore explained: 'We are delighted to form this partnership with Aquatic and are already pursuing opportunities on a joint basis. Our aim is to work together to help address the current market conditions and strengthen our service offerings and global reach. We've already seen significant interest from customers, with the first collaborative project due for delivery shortly.'

The development of this strategic partnership was a direct result of customer feedback. Offshore operators want expert suppliers of services for critical path activities, yet have a significant requirement to reduce costs and streamline operations in the current challenging market conditions. JFO and Aquatic identified this opportunity to form a partnership, providing an enhanced customer-driven service, addressing the needs of the industry.

Martin Charles, managing director of Aquatic, said; 'We are renowned for our ability to slot seamlessly into customer organisations by offering reliable equipment and specialist teams to support the installation, recovery and replacement of flexibles. Our overall capability and expertise will be further enhanced by James Fisher Offshore's equipment offering.'

'The creation of this jointly-structured project delivery team is motivated by our willingness to provide an alternative and responsive collaborative service to both our customer groups worldwide. Together, the single interface offers multi-disciplined experts to ensure the combined service is fully supported and delivered to the highest level of standards.' Charles concludes.

James Fisher & Sons plc issued this content on 16 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 February 2016 10:50:44 UTC

Original Document: http://www.james-fisher.com/news-and-media/press-releases/james-fisher-offshore-partners-aquatic/