Operating Model
Status quo industry players are focused on utilisation of existing assets within silos - engineering, contracting, or equipment, with limited interest in subsea removal R&D.
Restore Subsea thrives on challenging traditional thinking across these 3 x silos. We operate an asset-light commercialisation model. Our clients can choose to harness our engineering and asset integrity capabilities and/or to partner with us to license our IP.
Intellectual Property
X-Lay® is protected by patent filings and associated IP covering its retrieval methodology and unique configuration. Our strategy is to build a defensible portfolio supporting long-term licensing revenue.