OTAQ Group completes acquisition of Marinesense Ltd


OTAQ Group, a UK based marine technology group operating around the world in the offshore energy and aquaculture sectors, has recently announced the acquisition of Marinesense Ltd.

Marinesense are the manufacturers of the OceanSENSE underwater leak detection and Dragonfish precision laser measurement systems for the offshore energy industry.  They are considered specialists in underwater optics, lasers and video systems and have been operating since 2007 from their base in Aberdeen, UK.

Going forward Marinesense will become the Offshore division of OTAQ Group, with all their products available directly from OTAQ in Aberdeen or through their approved network of partners around the world.

Marinesense’s core product is OceanSENSE which has, over the last 12 years, become the industry standard in underwater leak and cement returns detection.  The system is deployed around the world to detect leaks from subsea structures or to detect cement returns at the seafloor during well completions. The system is used by many of the world’s biggest offshore and subsea operators including Oceaneering, Subsea 7, Halliburton, Fugro and TechnipFMC.

Dr Harry Rotsch, founder and managing director of Marinesense said “We have been considering for some time what the best route for Marinesene to reach its full potential was.  It was very important to me that we ended up with new owners who shared both our values and our product vision and I am very happy that we have found that in OTAQ Group.”  Harry will continue as Technical Director for the OTAQ Offshore division.

Phil Newby, CEO of OTAQ Group said   “The acquisition of Marinesense is a very important milestone in the growth of OTAQ Group and will allow our Offshore division to provide a range of world class underwater technology products with an incredible track record. We are very excited about several new products that are in the pipeline and how the expanded team will enhance our engineering resource across the group.”

OTAQ Offshore is based from its new facilities within Campus Two of Aberdeen Innovation Park.