Saipem and Subsea 7 Ink $45 Billion Mega Merger
Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy services.
Captain Serge Prakhov from the Terasea Eagle, a 2013-built, 203 ton bollard pull tugboat operating in the Java Sea, sends us the following image today:
His vessel is towing the jack-up rig COSL Seeker from Singapore to Surabaya. The COSL Seeker is an ABS-classed Baker Marine Pacific Class 375 jack-up built by PPL Shipyard in 2008.
Follow Capt Prakhov and the Terasea Eagle via Facebook HERE.
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