Menu
  • Home
  • London Exchange
  • Euronext
  • Australian Exchange
  • Wire
  • Contact Us
  • Business & Finance
NewsnReleases

ABL Group has acquired operations of HOSE International

Posted on October 26, 2022October 26, 2022
ABL Group has acquired operations of HOSE International

OSLO, NORWAY: Energy and marine consultancy ABL Group (ABL) has acquired the operations of well control equipment specialists HOSE International.

The two companies have cooperated since 2019 to jointly provide rig and well control inspection services for the offshore industry. Going forward, HOSE International’s UK business will become part of ABL’s global operations. The two companies have agreed to not disclose the financial details of the transaction.

“We know the HOSE International team very well and are thrilled to be combining their expertise with that of our own on a continuous basis. This will allow us to further serve clients with the full scope of well control equipment assessment and rigs operations requirements,” says Steven Lee, director of offshore technical services at ABL Group.

HOSE International was established in 1994 and has built a 30-year reputation as independent third-party well control equipment subject matter and assurance service providers. The company’s services include well control equipment inspection, verification, assurance and project support during rig selection, intake and major maintenance periods.

During the past three decades, HOSE International has completed approximately 2,300 inspections on more than 700 drilling rigs. This includes numerous high-profile drilling well control equipment events front-line reactivations, overhauls and re-certification, end-of-well and between-well maintenance periods, drilling failure, modifications and upgrades.

“I am delighted to be formally joining ABL Group, having collaborated on many projects for a number of years now. HOSE International brings a wealth of specialist experience to the ABL team, and I’m excited to expand our scope even further”, says managing director of HOSE International, Richard Brennan, who now joins ABL as the group’s well control equipment manager.

ABL Group has extensive rigs inspection expertise including, rig selection, reactivation assurance, new-build delivery and preservation inspection. The company’s dedicated rig inspection team consists of multi-disciplined engineers with decades of practical rig inspection experience that helps to provide regulatory compliance and equipment operability assurance to rig owners and operators.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Track all markets on TradingView

Investing.comThe Exchange Rates are powered by Investing.com.

Site Navigation

  • Home
  • Listed Companies
  • Contact Us
  • London Stock Exchange
  • Singapore Exchange
  • Canadian Exchange
  • Australian Exchange
  • Oslo Bourse
  • PSX
  • Ratings
  • Euronext
  • MENA
  • Nasdaq Nordic
  • Wire
  • Business & Finance
  • Gadget Reviews
  • About Us: A Comprehensive Financial News Database

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

Listed Companies

Equity Markets and Stock Exchanges

NNR
©2025 NewsnReleases | WordPress Theme by Superb WordPress Themes