Control valve engineering specialist Severn Glocon Group has strengthened its presence in the subsea oil and gas market with the acquisition of High Pressure/High Temperature (HPHT) downhole specialist Calidus Engineering.
Now renamed Severn Subsea Technologies Ltd., the company will provide research, development and test facilities to enhance Severn Glocon’s subsea valves capability.
Calidus is a former subsidiary of Badger Explorer (Norway), with the multi-discipline engineering firm focused on developing subsea and downhole technologies for harsh HPHT environments.
Severn Glocon Group said it was making this strategic move “in a bid to align its operations to better meet future technical challenges in subsea oil and gas production”.
Calidus’ downhole products already developed will provide major sales opportunities with worldwide oil and gas corporations, it added.
In addition to modelling and engineering design services, Severn Subsea Technologies’ Redruth facility in the UK has a machine shop equipped for manufacturing prototypes. The business is set to become the nucleus for group subsea R&D and systems integration activity, in tandem with small-bore subsea valve firm LB Bentley’s R&D Team and the Severn Unival Brighouse Valve Innovation Centre.
The acquisition, added Severn, enhances core capabilities to strengthen the group’s global positioning in the subsea market.
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