DOF takes over Canadian Subsea Shipping ahead of Husky contract start

Norwegian offshore vessel specialist DOF Subsea has taken full control of Canadian Subsea Shipping Company AS.

According to a filing on the Oslo Stock Exchange on Monday afternoon, DOF has bought the remaining shares in Canadian Subsea Shipping.

DOF, providing survey, remote intervention and diving operations primarily for the oil and gas sector, had owned 45 percent of stake in the company prior to the acquisition.

The financial details for the transaction were not disclosed.

As for the now fully-owned subsidiary, Canadian Subsea Shipping Company AS, the company has a newbuild vessel Skandi Vinland under construction at Vard Group in Norway.

The vessel is expected to be delivered in June, and will be used by DOF Subsea in Canada for a 10-year IMR contract with Husky Energy. The contract is expected to start in July.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply