We are very pleased to announce that OTL has formed a new joint venture with ZPMC, finalized as of April 2015. ZPMC-OTL Marine Contractor, hereafter called ZOMC, will integrate the world-class design and engineering capabilities of OffshoreTech with the marine contracting and vessel operations/management of ZPMC. Additionally, ZOMC will have the strong fabrication and financing background of ZPMC in order to provide leading marine contracting services to the offshore oil and gas industry.
ZOMC will offer services including marine transportation, offshore floatover installation, and offshore lifting installation. OTL is excited about this promising growth and the future of our business.