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    AQUA   NO0010715394

AQUALISBRAEMAR LOC ASA

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AqualisBraemar LOC : David Rushton takes lead role in ABL Group's offshore energy geoscience drive

10/13/2021 | 03:42am EST
David Rushton takes lead role in ABL Group's offshore energy geoscience drive

AqualisBraemar LOC Group (ABL Group) is reinforcing its global geoscience offering to the offshore energy installation and operation markets, through the establishment of a group-wide global geoscience steering committee, chaired by David Rushton, Director of Soil for ABL Group company East Point Geo.

David takes on the role of global chair of the internal technical steering committee, in addition to his leadership role at EPG. His objective will be to support the continued growth of the group's geoscience business lines across each group company, in particular to support growing geoscience needs for the rapidly evolving global offshore wind market.

ABL Group offers a broad scope of geoscience services through five of its group company brands, each supporting clients at a different stage of the value chain of an offshore energy project:

  • OWC - geotechnical engineering and consulting to offshore wind developers and the finance community
  • Innosea - geotechnical analysis to R&D programmes, technology and WTG OEMs
  • Longitude Engineering - geological and geotechnical engineering, modelling and analysis for EPCIs
  • East Point Geo - specialist geotechnical, geophysical, geological, and geospatial consultancy
  • ABL - geoscience consulting to support marine assurance and marine warranty survey activities to the marine and energy insurance industry

"Each group company has successfully developed to be relevant to their particular niche of the market. The new technical steering committee will help to reinforce our broad offering, facilitating ABL as a group to ensure we are the geoscience consultant of choice for clients across the value chain of an offshore renewables or oil & gas project."

David Rushton, Director of Soil, East Point Geo

Rushton has 13 years' experience in geotechnical engineering, geohazard analysis and geospatial data management. A founding director of EPG, he specialises in clear communication of geotechnical data through in-depth knowledge of soil parameters and innovative presentation of data to enable effective application to ground engineering problems

ABL Group's broad range of geo services includes geotechnical expertise to assess and engineer against seismic risk, supporting the growing construction of offshore wind and other marine renewable assets in AsiaPacific and future construction on the USA's west coast.

Disclaimer

Aqualisbraemar ASA published this content on 13 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 October 2021 07:41:03 UTC.


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Sales 2021 154 M - -
Net income 2021 4,65 M - -
Net cash 2021 10,0 M - -
P/E ratio 2021 23,3x
Yield 2021 5,24%
Capitalization 108 M 108 M -
EV / Sales 2021 0,64x
EV / Sales 2022 0,50x
Nbr of Employees 922
Free-Float 48,1%
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John David Peter Wells Chief Executive Officer
Dean Zuzic Chief Financial Officer
Glen Ole R°dland Chairman
Bader Diab Director-Engineering & North America
Reuben Segal Chief Operating Officer & Director-Middle East
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