SeaBird completes ‘Boa Thalassa’ buy

Seismic vessel operator SeaBird Exploration has completed the previously announced acquisition of the BOA Thalassa vessel.

BOA Thalassa; Image by: Trondheim Havn; Source: Flickr – under the CC BY-SA 2.0 license
BOA Thalassa; Image by Trondheim Havn; Source: Flickr – under the CC BY-SA 2.0 license

“The Company has today completed the acquisition of BOA Thalassa for a purchase price of NOK 92,500,000 [~$10.6 million]. NOK 64,833,553 has been paid in cash, and NOK 27,666,447 has been paid in the form of 23,055,373 new shares of the Company,” SeaBird said on Thursday afternoon.

As previously reported, SeaBird, which first announced the intention to buy the vessels in April, late in May reached final agreements with BOA SBL to acquire the Boa Thalassa and Boa Galatea vessels.”

SeaBird previously said that the transaction for the acquisition of the BOA Galatea and BOA Thalassa vessels would be worth around 185 million NOK ($21.7 million).

The completion of the acquisition of BOA Galatea is in progress and will complete later, expected in July/August 2019, SeaBird said on Thursday.

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. 

If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
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 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

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