IHC Takes Majority Stakes in Tompkins
Royal IHC and Tompkins UK Limited are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (that IHC and Tompkins created in 2015). Modus is a specialist provider of remote and autonomous technologies for subsea and seabed intervention. It has industry-leading capabilities in remotely operated vehicle (ROV) services and currently deploys a fleet of work class ROVs and autonomous underwater vehicles (AUVs) in construction and drill support, as well as survey and inspection activities. With its fleet of trenching ROVs and systems, Modus also offers seabed intervention solutions in cable and pipeline trenching, and seabed earthmoving, among others.
Royal IHC, Tompkins UK Launch TI Geosciences
Royal IHC (IHC) has joined forces with Tompkins UK to enter the deep and ultra-deep water, oil and gas geotechnical survey and site investigation market under the banner of TI Geosciences. TI Geosciences will initially provide cone penetration test (CPT)/gravity coring services. These will be based on Tompkins’ deep-push, buoyancy stabilized, deep-water CPT system – equipped with AP van den Berg’s digital pressure compensated Icone – deployed from a Swire Pacific Offshore G-class platform supply vessel.