James Fisher Buys EDS HV Group

James Fisher and Sons has acquired the entire share capital of Lancashire-based EDS HV Group (EDS).

The company acquired EDS for an initial consideration of £9.0 million in cash with potential further consideration of up to £5.6 million subject to profit targets for the two years ending September 30, 2019.

EDS provides a complete range of high voltage engineering services to the renewables industry, covering the design and installation stages of new wind farm construction projects through to the subsequent monitoring-fault management, repair and maintenance of the operating assets.

Nick Henry, chief executive officer of James Fisher, said: “The acquisition of EDS provides James Fisher with sector leading high voltage engineering capability, further broadening the group’s offering to the offshore wind farm sector. We are delighted to welcome the EDS team to the group.”

EC Hambro Rabben & Partners has acted as corporate adviser to James Fisher and Sons.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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