Independent journal on economy and transport policy
16:45 GMT+1
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The SembCorp group Marine of Singapore will buy the British SLP Engineering
The investment piles to about 2,5 million pounds
September 17, 2012
The SembCorp group Marine of Singapore, through the society integrally controlled SMOE, will buy the SLP Engineering Ltd., British company of the Dutch group Smulders that work to service of the industry of the oil and the gas. SMOE will acquire the entire capital stock of the SLP from the Zefier, a branch of the Smulders, for total 2,5 million pounds about included the reimbursement of intersocietari loans.
SLP, that Sembmarine SLP Ltd will be renamed. and it will be operated through the new division Sembmarine North Sea Ltd., will be participated with 70% from SMOE and 30% from eight leaders of the SLP guided from the managing director Paul Thomson. This last one, that it will cover the same charge in Sembmarine SLP, has emphasized that, thanks to the experience of the SMOE in the construction of great systems offshore, the society will be approached own objective to become supplier leader of services of Engineering, Procurement and Construction (EPC) in the United Kingdom for the market of the offshore energy.
"With the acquisition - the managing director of the SMOE, Ho Nee has explained Until - SembCorp Marine will have a presence in the United Kingdom that will supply sinergico support and will be turned the customers of the Sea of the North. Sembmarine SLP in existence offers the opportunity of a future increase in the within of the new activities in the area in the field of renewable energy let alone in the realization of Minimum-Facilities Platform (MFP) for marginal oil and gasieri reservoirs in waters of the Sea of the North and of Asia and Oceania".
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