| Services
A significant part of Global’s strategic growth initiative involved expanding the business segmentation from the traditional marine construction and diving work to include a major emphasis on deepwater/SURF (subsea umbilicals, risers, and flowlines), EPIC (engineering, procurement, installation and commissioning) projects, IRM (inspection, repair, and maintenance), and decommissioning/P&A (plug and abandonment).
This change in emphasis has already begun to increase revenues for the company by helping Global develop new areas, increasing staff within those areas, and assuring more diversification and sustainability should certain segments of the industry experience a downturn.
Because a single solutions provider is generally preferable to many different vendors, Global has worked hard to become that solutions provider, and is well-positioned to handle work anywhere in the world.
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