We are strongly positioned across our core markets, with specialist capabilities aligned to global megatrends such as energy security, decarbonisation, localism, and digitalisation.

Our three Divisions hold market-leading positions that support our growth strategy:

Energy and Defence – aligned to future investment in the energy transition and marine defence security.

Maritime Transport – offering differentiated services in a high-barrier to entry market.

We are:

• #1 global provider of compressed air solutions for bubble curtain projects in North America
• #1 global provider of submarine rescue and saturation diving
• A leading provider of commercial diving equipment
• A global provider of ship-to-ship transfer services

We are a trusted global partner, delivering safe and efficient operations in complex environments across 23 countries and employing over 1,900 people.

With deep expertise across Energy, Defence, and Maritime Transport, we support customers worldwide — from Europe and the Americas to the Middle East and Asia-Pacific.

Our specialist capabilities span the energy transition, submarine and diving technologies, and challenging marine operations, making us the partner of choice for critical missions.

We solve our customers’ most complex challenges through innovative, first-to-market solutions that enhance safety, quality, and performance.

With a 175-year heritage and a blue-chip customer base, we lead through technology, partnership, and agility, maintaining 15+ year average relationships and targeting 15% vitality to drive future growth.

We are executing our turnaround strategy, building a stronger, more sustainable business with a clear roadmap for margin improvement and growth.

A strong balance sheet, cash generation, and long-term customer relationships underpin disciplined, asset-light investment in strategic priorities.

We are targeting 10% underlying operating profit and 15% ROCE in the medium term.