TPi January 2020

Business & market news

Connector Subsea Solutions acquires Hydratight’s MORGRIP ® business

of demanding deepwater pipeline repair projects,” said Pål Magne Hisdal, chairman of CSS. The acquisition of the MORGRIP business completes CSS’s products and service offering, enabling CSS to take a lead role in providing complete subsea and deepwater pipeline repair solutions, delivering its services on a sale or rental basis worldwide. Over the last six years, CSS and Hydratight have collaborated to deliver challenging subsea pipeline repair projects. “The strong synergies already in place between the teams have already enabled us to develop unique and effective solutions; this fully integrated business offers ourselves and the market some very exciting opportunities,” added Paul

Connector Solutions (CSS), a specialist provider of inspection, maintenance and repair (IMR) solutions for subsea pipelines, risers and conductors, has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK. CSS, which is headquartered in Bergen, Norway, will make the MORGRIP Connector business an integral part of its extensive repair and modification services for subsea and deepwater pipelines. “This has been a strategic move to build a foothold in a market that we believe will grow significantly the next few years. With the MORGRIP Connector and the MORGRIP team onboard we have taken a position to meet clients’ requirements for the effective execution Subsea

Bergen, Norway

Hughes, MORGRIP business leader. The consolidated entity will consist of 60 employees dedicated to pipeline repair products and services.

Connector Subsea Solutions www.connectorsubsea.com Hydratight www.hydratight.com

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