Neptune Marine Services acquires Subsea Engineering Services

Neptune Marine Services has acquired Subsea Engineering Services (SES), a provider of subsea consultancy and project services to the oil and gas industry.

Offshore staff

ABERDEEN, UK -- Neptune Marine Services has acquired Subsea Engineering Services (SES), a provider of subsea consultancy and project services to the oil and gas industry.

SES Directors Allister Fraser and Hugh Parker, the senior management team, and all full time employees will remain with the business.

"The expertise that SES brings to the group will further enhance Neptune's comprehensive subsea capabilities and build on the successful integration of Neptune Deeptech to provide significant growth opportunities in the resurgent North Sea region," says Christian Lange, CEO of Neptune Marine.

"The addition of SES will provide Neptune with greater market presence and the opportunity to capitalize on the billions of dollars in subsea expenditure that is forecast for the European market over the next three years."

01/13/2009

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