Our strategic objective is to create sustainable value for all stakeholders through services that frame global energy and logistics needs in one picture.
Equatorial Tide leverages collaborative partnerships with leading OEMs and clients to facilitate mutually beneficial work delivery phylosophy. Our strategic emphasis is on integrated approach to subsea, topside and onshore facilities solutions, supported by robust marine assets. Operating in alliance with our collaborators aids standardisation and optimisation of solutions across the full energy services spectrum. The continuous focus on strengthening this offering has firmly positioned us as a leading integrated solutions provider with a significant regional presence.
We have enhanced our joint venture space with the acquisition of 50% of Benuovo Ltd to increase our market share in Nigeria. This acquisition was targeted at providing our clients with one-stop solutions hub for integrated energy services. We work closely with boat builders in Europe and Asia to support our growing marine fleet for offshore Transportation and Installation projects.
Leveraging alliances, we have established local presence in many African countries where we continue to provide gainful employment to the locals. Thus, positively impacting the advancement of indigenous companies, suppliers and subcontractors. In addition to regional economic empowerment, we have through these alliances ensured knowledge transfer to the local entities in these countries.
Our accomplishments over the last few years have been predicated on developing and deploying notable technological progress in remote intervention, diving support, pipelay, marine construction, procurement management and onshore EPCI. Equatorial Tide has undertaken revolutionary steps through the years, leveraging creativity and innovation to deliver impressive solutions to its clients globally.
To further support our growing market share, we have increased the size and capabilities of our marine assets and associated equipment as well as enhancing the onshore services required to support seamless operations.
Though the energy industry has witnessed significant changes over the last decade in response to climate, energy mix, technological and logistical challenges associated with the offshore terrain, the growth witnessed in the last few years is attributable to our mutidisciplinary workforce with exceptional skills, committed to working collaboratively towards a collective visIon.
