Business/economics

InterMoor Acquires BEL Grapnel and Chaser Designs

The deal covers drawings, designs, and cast patterns for BEL’s anchor- and chain-handling equipment.

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InterMoor

InterMoor announced this week its acquisition of the intellectual property of the BEL Grapnel and Chaser company, including drawings, designs, and cast patterns for its anchor- and chain-handling equipment such as chasers and grapnels.

“This acquisition provides InterMoor with an opportunity to deliver a more complete offering to our valued clients with fewer interfaces for obtaining the right equipment and the right service at the right time,” Mark Jones, InterMoor global CEO, said in a statement. “This means shorter lead times, which is a crucial element in delivering greater operational efficiency.”

Grapnel hooks are traditionally used during the recovery of dropped components offshore. Chasers enable steady and controlled lowering and raising during the installation and recovery of mooring system components.

“BEL products add a new level of intricate anchor recovery in the form of chain pocket, wire roller, and detachable and locking mechanisms to InterMoor’s existing range of chaser designs,” InterMoor UK Technical Manager Mark Prentice said. “Through finite element analysis, its latest designs are also suitable for the harshest environments in which the oil and gas industry is increasingly working.”