Australian companies Geo Oceans and Blue Ocean Marine Services have joined forces under the Vertech Group. Geo Oceans specializes in small ROV systems and marine science, while Blue Ocean brings expertise in unmanned survey technologies.
The merger aims to capitalize on synergies between the two entities, enhancing their ability to deliver cost-effective, safe, and environmentally friendly solutions to clients. Nick Veitch, Managing Director of Geo Oceans, emphasized the merger as a strategic progression, highlighting the potential to reduce operational costs, improve safety standards, and minimize carbon emissions associated with offshore activities.
Australian Subsea Leaders Geo Oceans and Blue Ocean Merge Under Vertech Group
Following the merger, Geo Oceans will absorb Blue Ocean Marine Services, a move intended to strengthen its market presence and broaden its service offerings. This consolidation reflects Geo Oceans’ commitment to leveraging advanced small subsea robotic technologies to meet growing industry demands efficiently.
Mike Deeks, Group Managing Director of Blue Ocean Marine Tech Systems, expressed confidence in the merger’s ability to enhance Geo Oceans’ capacity to address evolving client needs and deliver exceptional project outcomes. The partnership underscores a successful three-year collaboration under Vertech Group, fostering optimism for future joint ventures and synergistic opportunities within the group’s portfolio.
