No official price has been revealed but it is rumoured to be in the region of $60 million.
The UK company specialises in innovative design and build projects for major items of bespoke equipment for the offshore oil and gas and renewables industries. It provides systems such as J-lay towers for pipelaying, spoolpipe carousels, pipeline trenching machines and is also involved in developing the installation equipment for the UK Beatrice offshore wind turbine project.
Shipbuilder
