Bureau Veritas has acquired Versatec Energy, an independent and specialised technical advisory company for the offshore and onshore energy industry. This acquisition is part of the company’s strategy to create a new stronghold in the fast-growing renewables segment.
Bureau Veritas contributes to accelerating the energy transition by providing customers across the energy sector with end-to-end solutions to meet the immediate and future challenges of developing and operating renewables and other innovative low carbon assets.
The acquisition of Versatec Energy is a strategic move strengthening Bureau Veritas’ position as a key partner in ensuring technical compliance and mitigating industrial risks in the energy sector. This acquisition enables the company to expand its service offering in crucial areas including oil and gas, nuclear, renewables, particularly offshore wind, as well as low carbon energy such as hydrogen, its derivatives and carbon capture, utilisation & storage (CCUS).
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About Versatec Energy
Versatec Energy is a specialised technical consultancy with a special focus on the offshore energy industry. It capitalises on over forty years of expertise in five core areas: health, safety and environment; operational excellence; quality and technical compliance; technical documentation and training; and digital smart solutions.
Versatec experts have developed valuable methodologies in the areas of commissioning and start-up, asset due diligence, operational assurance and readiness, and project management. Headquartered in the Netherlands, the company employs 35 experts and consultants and delivered revenues of EUR 4.2 million in 2023. Since its inception, the company has assisted over 1500 global projects in Europe, Asia Pacific, the Middle East and Africa.
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Expanding capabilities
‘The acquisition of Versatec Energy expands our capabilities in the renewables and energy sectors with a proven track record in asset due diligence, commissioning, start-up and project management, and a special focus on the offshore energy industry,’ says Hinda Gharbi, CEO of Bureau Veritas. ‘Their expertise will help build our new stronghold in the sector. I warmly welcome all new colleagues from Versatec Energy to our company.’
Klaas-Otto Ykema, CEO of Versatec Energy, adds: ‘Having spent two decades in and around offshore energy, I have always admired Bureau Veritas’ diverse skills across testing, inspection and certification. Joining forces will allow to further expand a business with scale, ambition and a global client book thanks to our unique skills and talents developed over the last forty years across all parts of the energy sector.’
Picture: Klaas-Otto Ykema and Marijke Paalvast sign the contracts for the acquisition (photo Bureau Veritas/Steven Lammering).
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