FOLLOWING OWC parent AqualisBraemar’s acquisition of LOC Group, the two groups have successfully completed their integration process, operating as AqualisBraemar LOC group effective from today.
In total, AqualisBraemar LOC now has over 800 technical staff and specialist consultants in 303 locations worldwide, including 60 offices across 38 countries.
David Wells, AqualisBraemar LOC chief executive officer, said: “For our clients in the renewables sector, this successful integration means one plus one equals three. We are now able to offer clients a much more complete and efficient service offering through a broader competence base and increased capacity worldwide.”
Within the renewables industries, AqualisBraemar LOC operates through five brands that going forward will continue to operate independently, whilst also cooperating closely to facilitate an even more complete service offering to clients:
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- Innosea: engineering, concept design, advisory and R&D specialists, involved in offshore wind, floating solar, wave and tidal energy
- OWC: offshore wind consultants that support developers worldwide
- AqualisBraemar LOC: world-leading marine warranty and marine engineering consulting for offshore wind
- Longitude: independent engineering and design, primarily to EPC contractors operating in the renewables sectors
- East Point Geo: specialist in geotechnical, geophysical and geological engineering and analyses for offshore wind
AqualisBraemar LOC maintains its ambition that 50 percent of the group’s revenues should come from the renewables sector and other sustainability and CO2-reducing activities in 2025. The group aims to achieve this through providing specialist technical services, which help to drive the optimised growth of sustainable energy sources including offshore wind, floating solar PV, tidal, wave energy and other offshore-based renewable energy technologies.
“Not only have we significantly expanded our experience list in global offshore wind development, but we also bring together expertise in promising growth areas in marine renewable technology.
“We understand that net zero will not be achieved purely through offshore wind, but we must also innovate in other promising areas which prove to be equally scalable and commercially-viable,” added Mr Wells.
