Expanding Service Portfolio Horizon Geosciences recently launched Cathodic Protection Surveys, indicating a strategic move to diversify and enhance its offshore asset management capabilities. This expansion presents opportunities to promote related corrosion prevention and subsea maintenance services to existing and new clients in the oil and gas sector.
Global Marine Expertise With a focus on marine survey and geotechnical services supported by fully equipped vessels, Horizon Geosciences is well-positioned to target offshore oil and gas operators looking for reliable subsea survey providers, especially in regions emphasizing offshore development and decommissioning projects.
Mid-Sized Market Position Operating with revenue estimates between $50 million and $100 million and a team of 201-500 employees, Horizon Geosciences offers a niche yet scalable solution for companies seeking flexible and specialized marine services, creating opportunities for tailored service contracts and long-term partnerships.
Industry Trends As demand for subsea infrastructure maintenance grows, particularly with the rise in offshore exploration activities, Horizon Geosciences' expertise in cathodic protection and marine surveys positions it to capitalize on the increasing need for asset integrity and preservation in the oil and gas industry.
Competitive Landscape While contending with competitors like Spectrum Geo and Fugro, Horizon can leverage its regional headquarters in the UAE and comprehensive survey offerings to target clients seeking localized yet technically advanced marine geoscience solutions, especially in emerging offshore markets.