Subsea World News has put together a recap of the most interesting articles from the previous week (January 30– February 05).
According to the shipbroking company Nor-Ocean, who cited industry sources in its weekly newsletter, the acquisition price for the vessels is estimated around USD 80 million.
Reportedly, slowdown in the oil & gas and dry-bulk markets has left the company in debt of some USD 1 billion.
With this delivery, Subsea 7 has completed its fleet investment programme that has added six newbuild vessels to the company’s fleet since 2014.
The fledgling subsea business, which secured private equity investment towards the end of 2016, has moved people and equipment into headquarter premises in Arnhall Business Park at Westhill in Aberdeenshire.
Services include project management, consultancy, personnel, quality control, data processing and data management, applicable to ROV, AUV and diver projects.