Trump Seeks Sanctions On European Subsea Gas Pipeline
By Andrea Shalal (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and...
New Orleans-based Harvey Gulf International Marine confirmed rumors Thursday that it has acquired all assets and business of rival Abdon Callais Offshore. The purchase includes all 48 offshore supply vessels in the ACO fleet, of which 4 are currently under construction.
With its roots in the Callais family tracing back to 1945 and under the later leadership of Harold J. Callais followed by his sons, ACO has long been recognized in the industry as a high quality marine transportation company providing multiple sized, technologically advanced OSVs and related services to oil & gas exploration & production companies and service providers primarily working in the U.S. Gulf of Mexico market.
ACO has one of the youngest and largest fleets operating in the U.S. Gulf of Mexico with a focus on providing a wide variety of cargo and personnel transportation services to both shallow water and deepwater locations. Of ACO’s 48 vessel fleet, 92% is dynamically positioned (DP1 or DP2) and 58% is of 205 feet in length and longer.
Harvey Gulf says the acquisition expands the company’s vessel classes and allows them to broaden its service offering to customers in the U.S. Gulf of Mexico.
The transaction is expected to close in Q4 2013.
Founded in 1955, Harvey Gulf International Marine is a marine transportation company that specializes in towing drilling rigs and providing offshore supply and multi-purpose support vessels for deepwater operations in the U.S. Gulf of Mexico.
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