International offshore service company, Telford Offshore, has concluded a recent acquisition which has resulted in the almost tripling of the number of its offshore assets.
The Dubai headquartered business has acquired an additional DP3 pipelay and accommodation vessel, and six offshore support vessels following a legal settlement between Sea Trucks Group (STGL in liquidation) and West African Ventures (WAV).
The transaction allows Telford to grow and diversify its global offering, bringing its DP3 fleet numbers to five.
The DP3 vessel, Jascon 30, is set to be dry docked in the coming months and upgraded in preparation for utilisation across the globe under its new name, Telford 30. The vessel will be a uniquely capable asset which will be ready for deployment later in 2019.
Meanwhile, the six offshore support vessels, which are all anchor handlers, will be deployed in Nigeria with Telford’s partner Afrimarine Charters. They will be prepared to commence work on projects during the first quarter of 2019 as Telford moves to increase its presence and commitments in Nigeria and West Africa.
Telford Offshore, which has a 300 strong team including marine crew, is operating worldwide with vessels currently in the Americas, Asia Pacific and Africa.