Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Subsea›New JV to reduce subsea work costs in offshore wind, oil & gas industry
Subsea

March 17, 2022 · about 4 years ago

New JV to reduce subsea work costs in offshore wind, oil & gas industry

UK-based Load Monitoring Systems (LMS) and subsea communications company Aquatec Group have formed a joint venture to reduce the cost of subsea installation, maintenance and decommissioning in the offshore wind and oil and gas industry.

1 minutes read
  • LinkedIn
  • X
  • Email
New JV to reduce subsea work costs in offshore wind, oil & gas industry
Courtesy of Load Monitoring Systems

UK-based Load Monitoring Systems (LMS) and underwater technology company Aquatec Group have formed a joint venture to reduce the cost of subsea installation, maintenance and decommissioning in the offshore wind and oil and gas industry.

LMS specialises in designing and manufacturing intelligent load monitoring products for many industry sectors where continual load monitoring, measurement, calibration and testing is required.

Aquatec Group creates instruments, services and solutions for measurement, monitoring and communication underwater.

Together, the companies will collaborate to present a streamlined modular design created to monitor underwater loads and tension.

As described, the wireless subsea load sensing shackle will cater to different design applications, including visual monitoring of the loads on subsea moorings and winches using underwater displays or digital monitoring via signals transmitted wirelessly to the surface or remotely operated vehicle (ROV).

Commenting on the partnership Kirk Anderson , LMS’ managing director, said: ” … Our combined specialist knowledge will benefit not only our businesses but also the wider subsea industry.”

Andy Smerdon , managing director of Aquatec Group, added: “… We believe there is a significant role to play here, in providing real-time and logged data to improve the understanding and performance of subsea equipment – and therefore to reduce the cost of offshore energy.”

Follow Offshore Energy’s Subsea on social media:

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

SubseaBusiness & FinanceBusiness Developments & ProjectsCollaborationOutlook & Strategy

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Petrobras locks in 20-year US supply from Sempra’s LNG project in Lone Star State
  2. 2Hanwha Ocean’s design solution allowing LNG carrier’s switch to ammonia gets ABS’ thumbs-up
  3. 3Exmar’s FLNG conversion earns Bureau Veritas’ seal of approval
  4. 4Denmark opens EU’s first full-scale CO2 storage site

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free