ROVworld Subsea Information

Powerful and Silent Subsea Thrusters

DOF Subsea acquires subsea engineering and construction business in Australia

Posted on 03.08.2010 - 11:00 UTC in ACQUISITION/MERGER NEWS by Rons_ROV_Links

DOF Subsea acquires subsea engineering and construction business in AustraliaDOF ASA is pleased to announce that DOF Subsea's Australian subsidiary has acquired SWG Offshore from ASX listed Programmed Maintenance Services.


SWG Offshore is a specialist subsea engineering and construction business with a track record of successful project execution in Australia and South East Asia. With 40 subsea construction project management and engineering employees SWG Offshore has a strong FPSO and Mooring installation track record with clients including Modec and BHP Billiton Petroleum.

DOF Subsea intends to fully integrate the SWG business into its Asia Pacific operation under the DOF Subsea brand.

Steve Brown EVP, DOF Subsea Asia Pacific said: "It's an extremely positive move, together, the new organization will have the combined assets, experience and project background to deliver greater breadth and depth in subsea capability and expertise. It puts us in strong position to support the operational needs of our clients and maximise the investment that DOF Subsea has made in a world class marine and subsea asset base."

Share:
click Related        click Rate This        click Share
Search ROVworld NEWS

Site Info
 
Poll ?
How many days did you work offshore in 2016? (All votes anonymous)




Results
Polls

Votes 719
ROVworld Feeds
 
Facebook

ROVworld.com - ROV News, Discussions, Jobs and more