Offshore Technical Compliance (OTC), a provider of compliance related services, has acquired Northwest Technical Solutions (NWTS) as a wholly-owned subsidiary, extending the efficiency and reach of its offshore services.
The acquisition of NWTS, which will be renamed as OTC Solutions, adds third-party verification of compliance for well control equipment by a registered professional engineering firm to OTC’s portfolio, enabling its customers access to the full spectrum of compliance related services under the OTC brand.
OTC now operates out of offices in Houston, Texas and Covington, Louisiana.
“With OTC Solutions, OTC can now provide more offshore services with a smaller footprint and cost,” said Mike Bethea, CEO, OTC. “Compliance inspection, predictive digital pressure testing through our GREENLIGHT software and third-party verification of compliance can be provided by our integrated team of inspectors and surveyors. On a deepwater project, these services typically require four or five people; now we will be able to provide these services with two or three.”