RINA acquires majority stake of SeaTech

Italy-based D’Appolonia, the independent engineering consulting company of RINA Group has acquired a majority stake of 68% in Fano-based SeaTech Srl.

Vega A. Image from SeaTech.

SeaTech provides analysis and design services, manages projects for offshore pipelines, subsea systems and structures and met-ocean monitoring systems, and also provides engineering supervision services on site.

SeaTech provides specialized engineering services to main contractors and major engineering companies operating in the oil and gas industry. 

Founded in 2000, today SeaTech has a turnover of Euro 2.8m. SeaTech will be 68% owned by D’Appolonia with the remaining shares held by the founders.

Examples of its work include:

In 2000 SeaTech’s specialists worked for Saipem in the Blues Stream project that at the time held the record for installation water depth (2150 m), and was the first pipeline protected by polypropylene anticorrosion coating.

In 2003 SeaTech performed its first design of subsea structures (FLETs and PLETs) on behalf of Saibos, for the Kizomba B project. From 2004 to 2012, SeaTech was involved in the Kashagan project that was at that time the largest reservoir discovered in the world and had particular technical peculiarities due to the hostile environment, both onshore and offshore.

In 2013 SeaTech carried out the FEED of Bahr Essalam phase 2 project for Tecnomare.

In 2015 Seatech delivered to Edison the met-marine and structural monitoring system for the Vega platform.

“Having SeaTech as part of the group helps us to consolidate our engineering expertise in the oil and gas sector, especially in the growth area of subsea systems and deepwater exploration,” Roberto Carpaneto, D’Appolonia CEO said.