HOUSTON, Aug. 28 -- PPL Shipyard Pte. Ltd., Singapore, and P&A Group, Houston, have jointly acquired Sabine Offshore Service Inc., Sabine Pass, Tex.
Sabine Offshore Service will continue to offer fueling services to offshore vessels.
The 50:50 consortium has formed a company, Sabine Shipyards Inc., for rig repairs. That company will use more than 200 acres and more than 1,600 ft of bulkhead on the Sabine-Port Neches waterway.
Sabine Shipyards will offer an array of mobile offshore drilling rig repairs, both in the yards and offshore, plus technical support.
J.P. Marks Jr., a principal of the P&A Group, will be CEO.