Verlume, the world leader in subsea batteries and power management systems, has appointed C.A. Richards & Associates, Inc (C.A. Richards) as its latest business development partner in the United States of America.
Houston-based C.A. Richards will represent Verlume, spearheading business development efforts to build relationships and generate qualified leads in the offshore oil and gas sector, as well as ocean science markets.
The partnership forms a key pillar of Verlume’s global expansion strategy, with the USA and the Gulf representing a high-growth market for its Charge seabed battery system.
With increasing demand for reliable subsea power solutions, Verlume’s Charge rechargeable subsea battery and power management system is uniquely positioned to address power remediation challenges within brownfield sites. This includes where subsea umbilicals have failed or where FPSO (Floating Production Storage and Offloading) units need to disconnect from the subsea system.
The company’s Axonn intelligent energy management system is the only such technology of its kind available on the market, enabling stable power output to multiple subsea assets through its unique integration of hardware and software systems.
Richard Knox, chief executive officer at Verlume, said: “This is a significant step forward for our US business growth. With successful projects already completed in the Gulf and a number of client engagements ongoing, we are excited to deepen our presence through this partnership.
“C.A. Richards brings extensive local market insight and a proven track record in strategic business development. We are confident that this collaboration will unlock further opportunities to deploy our subsea battery and power management systems at scale.”
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Shannon Giagnorio, CEO at C.A. Richards, added: “Richard and the team at Verlume have developed a fantastic global track record and we are thrilled to be a part of their expanding presence here in the Western Hemisphere. Their subsea battery solutions are cutting edge and open a whole new world of possibilities for powering underwater systems.”
The partnership with C.A. Richards complements Verlume’s ongoing collaboration with Fortior Ventures, which has been active since 2021 and continues to support the company’s business development in North America.
Pictured at the Offshore Technology Conference in Houston this week, L-R: Tom Giagnorio (President, C.A. Richards), Shannon Giagnorio (CEO, C.A. Richards), Richard Knox (CEO, Verlume), Chris Wallace (Global Head of Business Development, Verlume).
