Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

  • HOME
  • ADVERTISE WITH US
  • FREE SUBSCRIPTIONS
    • Digital Newsletter
  • MUST READ ARTICLES
  • CONTACT

Dutch Kotug to acquire Seaways

Tuesday, April 19 2022

General – Acquisition

Kotug entered into an agreement to acquire Seaways International, owner and operator of Offshore Support Vessels providing offshore marine services to the global energy industry.

The intended acquisition of Seaways marks the largest in Kotug’s history and is part of the company’s strategy to expand its business in assisting worldwide floating facilities such as FSO, FPSO, FLNG, FSRU and SPM Terminals.

Seaways owns and operates a fleet that comprises of DPS-2 capability AHT’s, Fast Crew Suppliers (Crew Boats for Passenger Transportation) and Cargo Barges, and also provides terminal management services.

Headquartered in Dubai, the family-owned company has a primary focus on West Africa.

The acquisition is expected to be completed in the second half of 2022 – both companies will now work on customary governmental and other approvals, with the aim of completing the transaction within July 2022.

Related posts:

  1. Boluda Towage acquires Dutch Iskes Towage & Salvage
  2. Subsea 7 announces floating wind acquisition
  3. Waldorf Production to acquire ONE-Dyas North Sea Assets
  4. Firm behind Cambo oil field plan acquired by Israeli company

Filed Under: Acquisition, International News, Seaways International Tagged With: acquisition, kotug, Seaways International


Read Magazine Online



Wind and Fossil Info



Event List


  • Offshore Energy Exhibition & Conference 2023
    • 28/11/2023 - 29/11/2023
    • Amsterdam
  • all events

Copyright © Practica Productions - All rights reserved - 2023 cookies