Super Energy Services to acquire Hallin Marine Subsea International

Superior Energy Services has agreed to acquire Hallin Marine Subsea International.

Dec 11th, 2009

Offshore staff

NEW ORLEANS -- Superior Energy Services has agreed to acquire Hallin Marine Subsea International.

“In the short-run, this transaction will provide us with more international penetration and expanded entry into the subsea field development and installation market,” says Terence Hall, chairman and CEO of Superior. “Going forward, we believe the combination of Hallin's experienced management team, existing global infrastructure, and Superior's well intervention experience and integrated solutions approach will serve as a strong platform for expansion into the growing subsea well intervention market worldwide.”

The transaction is expected to close early next year.

12/11/2009

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