Kreuz Subsea has set up a joint venture in Nigeria with Genesis Group.
Genesis Kreuz will provide services of engineering and project management, construction, shore based warehousing, and end-to-end logistics.
The company will be headquartered in Lagos with yard facilities in Port Harcourt.
Kreuz Subsea, has relocated two dive systems to Nigeria, and said it is in talks to secure work for its newbuild Kreuz Endeavour.
In addition to construction services, Genesis Kreuz will focus on inspection, repair and maintenance (IRM), subsea umbilicals, risers and flowlines (SURF) and pipeline repairs, as the core business offerings in Nigeria.
With Kreuz Endeavour and suite of construction capabilities, Kreuz Subsea said it believes Genesis Kreuz can make a huge contribution to Nigerian oil and gas by being locally available to clients and providing turnkey solutions.