Energy consultancy Xodus Group has lauched a global subsea engineering company in partnership with major oil and gas contractor Saipem and mid and downstream oil and gas giant Chiyoda Corporation.

The new organisation plans to challenge the largest tier one subsea engineering companies for a share of the global market. It will be headquartered in London and have a presence in several cities across Europe, Africa, the Americas, Middle East and Asia Pacific including eight dedicated engineering centres in priority energy locations.

Xodus Subsea engineering services will take a unique approach to technical subsea challenges by bringing together Xodus Group's front end engineering capability, Saipem's turnkey Engineering, Procurement, Construction and Installation expertise and Chiyoda's experience in managing large scale international projects. The company will offer a wealth of technical subsea expertise and also have access to more than 1,000 multidiscipline engineers through the partner companies.

Tags: Saipem, Xodus Group