EMU is an independent marine survey and environmental consultancy specialist with annual revenues of over EUR 20 million. Based in Southampton, it also has premises in Portsmouth, Edinburgh, UK, Dinard, France and Perth, Australia. The company conducts ecological, geophysical, sediment sampling and hydrographical surveys, laboratory analysis, and provides environmental consulting and reporting services. It currently employs 150 highly-qualified and experienced surveyors, oceanographers and marine environmental scientists.
A team at leading UK law firm Burges Salmon has supported independent marine survey and environmental consultancy specialist EMU in its sale to Fugro, a major UK subsidiary of Fugro NV.
Primarily based in Southampton, EMU achieves annual revenues of more than EUR 20 million and has a broad client base in the oil and gas, renewables, engineering contracting, marine aggregate and government markets. The company will now further internationalise its business, supported by Fugro’s global network.
Technip announced today that it has completed the acquisition of Global Industries, Ltd. The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned subsidiary of Technip and trading of its shares will be suspended after NASDAQ closes today.
Global Industries, Ltd. announced today that it has entered into a definitive merger agreement with Technip under which Technip will acquire Global in an all cash merger.
Sonardyne is pleased to announce the acquisition of MARSS Ltd, a high technology marine company with operations in the UK, Monaco and Italy. The Company is run by founder Johannes Pinl and supported by the European Union security directive.
Oceaneering International, Inc. announced that its wholly owned Norwegian subsidiary, Oceaneering AS, has entered into a definitive agreement to acquire AGR Field Operations (AGR FO) from AGR Group ASA and FieldCo Invest AS. AGR FO, headquartered in Bergen, Norway, is a provider of inspection, maintenance, subsea engineering, and field operations services, principally to the oil and gas industry.
The Nigerian content development has received a boost as Jagal, a Nigerian firm and Subsea 7 one of the largest offshore oil servicing companies in the world have floated a joint venture company known as Niger Star7 for the execution of large and complex Engineering, Procurement and Construction Installation (EPCI) projects in Nigeria.
Today, Technip entered into an agreement with Gilles Michel, his holding Askoad Conseil, Comex SA and Sercel Holding, for the acquisition of all of their interests in Cybernétix S.A., representing approximately 45.7% of Cybernétix's share capital, at an aggregate purchase price of approximately 14.1 million euros. Signing of this agreement follows today's positive opinion of Cybernétix Works' Council in relation to Technip's acquisition of the entire interests of Cybernétix reference shareholders, as announced in the press release of November 4, 2011.
Technip entered into exclusive negotiations with Cybernétix's reference shareholders to acquire all of their shares in Cybernétix, which represents 45.7% of the share capital for a price of €19 per share.