SEACOR Marine Aquires Liftboats from Superior Energy

SEACOR Marine Aquires Liftboats from Superior Energy

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February 23, 2012

SEACOR Marine announced today intentions to purchase 18 liftboats from Superior Energy Services.  The company said in a press statement that it will be purchasing the liftboats, all currently located in the U.S. Gulf of Mexico, for $134 million plus working capital.

The deal, which is expected to close by the end of March and subject to regulatory approvals, marks SEACOR Marine’s first venture into the liftboat market.  At the same time the deal encompasses Superior Energy’s entire fleet of liftboats that has been touted as the largest fleet of modern liftboats with leg lengths of 200 feet or greater.

The U.S.-based SEACOR Marine, which is subsidiary of SEACOR Holdings Inc., currently operating a fleet of offshore marine support vessels for the offshore oil and gas exploration and production industry worldwide with operations and infrastructure in the United States, Latin America, North Sea, West Africa, Southeast Asia, and the Middle East.

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