EOC: SJR Marine’s Acquisition Finalized

SJR Marine Acquisition Finalized


EOC Limited announced that the acquisition of 49% of the equity interest in SJR Marine by Perisai Petroleum Teknology Berhad has been completed today.

The deal was announced previously on 30 November 2012 and 28 March 2013, pursuant to which EOC Limited said that it had signed a Share Sale Agreement with Perisai Petroleum Teknology Berhad concerning the acquisition.

EOC Limited offers offshore floating production services that support the full life cycle of offshore oil and gas (O&G) production. It owns and operates two floating production, storage and offloading (FPSO) vessels, the Lewek Arunothai and the Lewek EMAS, and a fleet of construction vessels. The Group has conducted operations in Australia, Brunei, India, Indonesia, Malaysia, the Middle East, the Philippines, Vietnam and Thailand, and continues to do so currently.

Press Release, December 26, 2013

 

Share this article

Follow Subsea World News

Magseis to Conduct Seabed Seismic Acquisition for Hess ...

Magseis to Conduct Seabed Seismic Acquisition for Hess Denmark

Magseis has been awarded a contract by Hess Denmark ApS for seabed seismic acquisition in the southern part of the ...

read more →

CGG, Fugro Net $200 Mln OBC Seismic Job for Pemex

pokit_d0cffa36e832b65fe145a6e9360bda83

CGG has announced that Pemex recently awarded CGG a contract worth close to US $200m for ocean bottom cable (OBC) ...

read more →

Blackbird to Acquire SDE

Blackbird-International-to-Acquire-SDE

Blackbird International Corporation has finalized the procedures for the acquisition of SDE Ltd. The date for the ...

read more →

Update: First Phase of Concordia Refloating Finalized

First Phase of Concordia Refloating Finalized

The first day of the refloating operation of the Concordia has concluded successfully yesterday. Confirming ...

read more →

Prysmian Becomes Sole Owner of Draka Keila Cables

Prysmian-Acquires-All-Draka-Keila-Cables-Shares

Prysmian Group has finalized the acquisition of the remaining 34% interest in AS Draka Keila Cables, thereby ...

read more →

TE Connectivity Wraps Up SEACON Acquisition

ROV

TE Connectivity Ltd. has announced that it has completed the acquisition of the SEACON group, a leading provider of ...

read more →

Events>

<< May 2015 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Offshore Well Control 2015

Safety Culture: Access innovative case studies on safety culture and leadership to ensure quality control, risk mitigation and process…

read more >

Fundamentals of Offshore Field Development

The course delivers the detailed knowledge required, along with management strategies, for you to successfully engage in the sector…

read more >

Fundamentals of Subsea Integrity & Reliability

The course is delivered by distance learning so it does not disrupt your work or home life, and is an invaluable introduction to this vital…

read more >

Pipeline Engineering, Construction and Operations

Pipelines are generally the most economical way to transport large quantities of liquids and gases over land and below the sea, such as oil…

read more >

EMGS Awarded 3D EM Data Acquisition Contract in Norwegian Sea

EMGS Awarded 3D EM Data Acquisition Contract in Norwegian Sea

Electromagnetic Geoservices ASA (EMGS) has received a signed contract from a customer worth USD 2.3 million (NOK ...

read more →

Mermaid Marine Completes Jaya Acquisition

Mermaid Marine Completes Jaya Acquisition

Mermaid Marine Australia Limited has confirmed that it has now completed the acquisition of all the subsidiaries of ...

read more →

Nordic Maritime to Start 3D Seismic Acquisition ...

Nordic Maritime to Start 3D Seismic Acquisition Offshore Indonesia

Nordic Maritime Pte Ltd., in collaboration with ELNUSA, was awarded the contract for the provision of marine ...

read more →

EMGS BOA Thalassa to Conduct 3D EM Acquisition in North Sea

EMGS BOA Thalassa to Conduct 3D EM Acquisition in North Sea

Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million ...

read more →

Joint Acquisition of 3D Seismic Data in Barents Sea ...

Joint Acquisition of 3D Seismic Data in Barents Sea Starts in April

WesternGeco and PGS have been awarded contracts for seismic acquisition in the southeastern Barents Sea. The ...

read more →

EnQuest Finishes Acquisition of Greater Kittiwake Area

EnQuest Finishes Acquisition of Greater Kittiwake Area

EnQuest PLC has completed the acquisition of the UKCS Greater Kittiwake Area assets previously owned by Centrica ...

read more →

EMGS Receives Letter of Intent for 3D EM Acquisition in ...

EMGS Receives Letter of Intent for 3D EM Acquisition in Africa

Electromagnetic Geoservices ASA’s (EMGS), the marine EM market leader, has received a Letter of Intent to ...

read more →

SeaBird Commences Additional 3D Seismic Acquisition in ...

SeaBird Commences Additional 3D Seismic Acquisition in Gulf of Guinea

SeaBird Exploration Plc (“SeaBird”) will, in partnership with Acorn Geophysical Ltd, commence an ...

read more →

SeaBird and Acorn Commence 3D Acquisition Program in ...

SeaBird and Acorn Commence 3D Acquisition Program in Gulf of Guinea

SeaBird Exploration Plc (“SeaBird) will, in partnership with Acorn Geophysical Ltd (“Acorn”), ...

read more →