Helix Energy Solutions Group, Inc. has entered into a definitive agreement to sell Energy Resource Technology GOM, Inc. (ERT), the Company’s oil and gas subsidiary, to Talos Production LLC, a wholly owned subsidiary of Talos Energy LLC, a privately held Houston-based oil and gas company. The selling price involves a base purchase price of $610 [...]
JDR, a leading supplier of high performance subsea cables and umbilical systems, announces its new German subsidiary – JDR Cable Systems GmbH – and a Hamburg office that will open after it attends Husum Wind Energy 2012. This move follows JDR’s first German contract win with WindMW GmbH for subsea power cables for the Meerwind [...]
OceanWorks International announced the establishment of OceanWorks Aykor Teknolojik Ürünler Sanayi ve Ticaret Anonim Şirketi (OceanWorks Aykor) as its Turkish subsidiary. The addition of OceanWorks Aykor to the OceanWorks International group of companies represents a major milestone in the growth of the company. OceanWorks Aykor is a joint stock company established in Turkey by two [...]
Liquid Robotics®, an ocean data services provider and developer of the Wave Glider®, the first wave-powered, autonomous marine robot, announced at AUVSI 2012 the formation of a wholly owned subsidiary, Liquid Robotics Federal, LLC, and named Grant Palmer as the Senior Vice-President leading the subsidiary. A 32-year C4ISR technology market veteran and former Division President, [...]
The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that the Company has incorporated a new wholly-owned subsidiary known as “Swiber Atlantis Pte. Ltd.” (“SAPL”) in Singapore with the initial issued and paid up share capital of US$10,000.00. SAPL will be principally engaged in owning and chartering of vessels. The [...]
Greatship Global Offshore Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), a subsidiary of The Great Eastern Shipping Company Limited, has contracted to sell its 2010 built Multipurpose Platform Supply and Support Vessel “Greatship Mamta”. The vessel is expected to be delivered to the buyers in Q2FY13. “Greatship Mamta” is a [...]
June 11, 2012 | Posted in
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Northstar Electronics, Inc. announced that they have completed the acquisition of Echotec Sonar, which is now a wholly owned subsidiary of the company. Terms of the deal fall in line with previous announcements and will be fully disclosed in regulatory filings. With Echotec now being the cornerstone entity of Northstar Electronics, the company plans [...]
The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that Swiber Offshore Construction Pte Ltd and Kreuz Engineering Ltd, direct and indirect subsidiaries of the Company, have incorporated a new wholly owned subsidiary in Mexico, known as Swiber Offshore Mexico SA DE CV. The initial issued share capital of SOM [...]
April 27, 2012 | Posted in
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Singapore Technologies Engineering Ltd (ST Engineering) announced that its marine arm, ST Marine, has incorporated a wholly owned subsidiary, ST Marine (Wuhan) Engineering Design Consultancy Co. Ltd. (ST Marine Wuhan EDC), in China. Strategically based in Wuhan, ST Marine Wuhan EDC will strengthen ST Marine’s engineering team in Singapore and leverage the latter’s well established [...]
October 20, 2011 | Posted in
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The Board of Directors of Ezra Holdings Limited announces that Emas Offshore (Labuan) Bhd, a wholly-owned subsidiary company of Ezra, has been incorporated in Labuan, Malaysia, with a paid-up and issued share capital of USD1.00, comprising 1 ordinary share of USD1.00 each. EMAS, a recognized leading global offshore contractor providing construction, marine, production and well [...]