SeaBird Wraps Up Acquisition of BOA Galatea

SeaBird Exploration has completed the acquisition of BOA Galatea vessel from BOA SBL.

The company entered into an agreement with BOA in May 2019, to acquire two vessels, BOA Galatea and BOA Thalassa.

The acquisition of BOA Thalassa was completed on June 13, 2019, and the acquisition of BOA Galatea was completed on July 25, 2019.

23,055,372 new shares of the company has been issued as part consideration for the vessel.

The company earlier noted that values the vessels at NOK 185 million (close to $22 million).

Share this article

Follow Subsea World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 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 1

2020 MCEDD

The MCE Deepwater Development (MCEDD 2020) is a conference and exhibition dedicated to the critical…

read more >

Tech20: Subsea Robots

Tech20 features world-leading experts, exploring the latest tech trends, asking big questions and sharing big ideas…

read more >

Oceanology International 2020

Exhibitors from industry, government and research institutions share their knowledge and come…

read more >

OTC ASIA 2020

The Offshore Technology Conference Asia (OTC Asia) is where energy professionals meet to exchange…

read more >