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Tuesday, January 7, 2025

NOV Acquires MAATS Tech’s Carousel And Cable-Lay



Houston-based vitality options supplier NOV has acquired the mental property (IP) rights of MAATS Tech, a defunct enterprise offering turnkey ship-based carousel and cable-lay methods.

In 2023, NOV fashioned a brand new Cable Lay staff based mostly in Stonehouse, UK. The staff, previously senior and principal engineers with MAATS Tech, brings greater than 70 years of mixed expertise in engineering totally built-in lay methods with superior automation and line management.

The staff’s in depth observe document at MAATS Tech contains delivering 35+ carousels in addition to cable-lay methods for a few of the most superior cable-lay vessels presently in operation. NOV will be capable of assist these belongings going ahead, offering aftermarket, spares, and upgrades, the corporate stated.

The devoted Cable Lay staff in Stonehouse is included with the Remacut staff in Rivoli, Italy.

“The acquisition of MAATS Tech mental property, mixed with the combination of the MAATS Tech Engineering Workforce, demonstrates NOV Marine and Development’s strategic long-term imaginative and prescient to be a number one provider to the cable-lay business,” stated Paolo Portonero, Managing Director, Remacut

“We’re excited and admire the chance to be a part of NOV, to proceed our work, and to assist our prospects, previous and new,” added Jamie Bryson, Engineering Supervisor Tasks/Design, NOV.

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