M&A Deal Summary |
|
|---|---|
| Date | 2003-12-02 |
| Target | Stolt ROV Business Operations |
| Sector | Engineering |
| Buyer(s) | Oceaneering |
| Sellers(s) | Stolt Offshore BV |
| Deal Type | Divestiture |
| Deal Value | 50M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1964 |
| Sector | Energy Services and Equipment |
| Employees | 10,100 |
| Revenue | 2.7B USD (2024) |
Oceaneering provides engineered services and products primarily to the offshore oil and gas industry, with a focus on deepwater applications. Through the use of its applied technology expertise, the company also serves the defense, entertainment, and aerospace industries. Oceaneering International was formed in 1964 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 17 |
| Sector: Engineering M&A | 2 of 3 |
| Type: Divestiture M&A Deals | 3 of 4 |
| Country: Netherlands M&A | 1 of 1 |
| Year: 2003 M&A | 6 of 7 |
| Size (of disclosed) | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-11-30 |
Drill support ROV business
United Kingdom drill support ROV business consisting of 82 remotely operated vehicles (ROVs), including 54 work class and 28 observation class, related contracts and employees, and significant subsea engineering, tooling, and products capabilities and capacity. |
Buy | $108M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-12-18 |
Medusa Spar
Canyon,, Mississippi, United States Medusa Spar LLC is a limited liability company .The Company owns a 75% undivided ownership position in the spar production platform moored in over 2,200 feet of water on the Medusa field in the Gulf of Mexico, Mississippi Canyon Block 582. |
Buy | $45M |
Stolt Offshore BV engages in the engineering services to oil and gas industry.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Engineering M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Netherlands M&A | 1 of 1 |
| Year: 2003 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
