Search results for: subsidiary

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  • 21 December 2018
    Business & Finance

    Three K Line harbor transportation subsidiaries agreed to set up a joint holding company.

  • 20 August 2013
    Business & Finance

    Kongsberg Maritime has officially renamed GlobalSim Inc., its wholly owned on-shore and offshore crane simulator subsidiary, to Kongsberg GlobalSim Inc. The name change is part of GlobalSim’s on-going incorporation into Kongsberg Maritime’s corporate structure, and represents a deeper connection between the company and the KONGSBERG brand. Acquired by Kongsberg Maritime in 2008, Kongsberg GlobalSim, Inc. […]

  • 4 October 2013

    Singapores’ Ezra Holdings Limited, a company  company providing integrated offshore solutions for the oil and gas industry,  has formed a new subsidiary company, Emas Offshore (Thailand) Ltd (“EOTL”), incorporated in Thailand with a registered capital of THB 3 million (around 96ooo USD), comprising of 300,000 ordinary shares with value of THB10 per share. Ezra acquired 299,997 […]

  • 10 February 2020
    Business & Finance, Operations & Maintenance

    Mermaid Maritime has incorporated an indirect wholly owned subsidiary – Mermaid Subsea Services in the United Kingdom (MSS UK) on 7 February 2020. The Singapore-listed company said it intends to utilize MSS UK as a vehicle to expand the provision of its subsea and related services into the North Sea sector. MSS UK IS is […]

  • 26 June 2009

    BP has announced that it has agreed the sale of BP West Java Limited (BPWJ), its wholly owned subsidiary, to Indonesian state-owned oil-and-gas company PT Pertamina (Persero). BPWJ holds a 46 per cent interest in and is the operator of the Offshore North West Java production sharing contract (ONWJ PSC) in Indonesia.

  • 17 August 2012

    Liquiline said that it has established Liquiline Singapore Pte Ltd, based in Singapore. The company will be able to serve new and existing customers, by providing LNG logistics and terminal solutions to the Asia Pacific market. The establishment of Liquiline Singapore comes only a few weeks after Liquiline established Liquiline North America, based in Vancouver […]

  • 17 July 2012
    Business & Finance

    The Board of Directors of Swiber Holdings Limited and together with its subsidiaries announces that the Company has incorporated a new wholly-owned subsidiary known as “Swiber Atlantis Pte. Ltd.” in Singapore with the initial issued and paid up share capital of US$10,000.00. SAPL will be principally engaged in owning and chartering of vessels. The transaction […]

  • 13 August 2013
    Business & Finance

    Coastal Contracts Bhd yesterday announced that its wholly-owned subsidiary, Thaumas Marine Ltd has secured contracts for the sale of one unit Anchor Handling Tug Supply (“AHTS”) and one unit Subsea Support/Maintenance Vessel for an aggregate value of approximately RM170 million (USD 52 million). These vessels are scheduled for delivery up to 2014. The revenue stream […]

  • 24 June 2020
    Business & Finance

    ProCon Wind Energy has officially established a subsidiary in the U.S. dedicated to the local offshore wind sector. Last week, the company’s CEO Claus Søgaard Poulsen signed the final documents regarding ProCon Wind Energy USA Inc. The next step includes finalizing the establishment of the first U.S. office, which will be located in the Port of […]

  • 11 August 2014
    Business & Finance

    KrisEnergy has reached an agreement with Chevron to buy Chevron Cambodia for $65 million.

  • 8 March 2013

    Wave energy developer, Carnegie Wave Energy Limited announced the establishment of a 100% owned subsidiary, CETO Wave Energy UK Limited and the appointment of Mr Allan MacAskill to the Board of Directors of CWE UK. CWE UK will be operated out of headquarters in Edinburgh, Scotland and will be the platform for running all Carnegie’s […]

  • 8 March 2013

    Wave energy developer, Carnegie Wave Energy Limited announced the establishment of a 100% owned subsidiary, CETO Wave Energy UK Limited and the appointment of Mr Allan MacAskill to the Board of Directors of CWE UK. CWE UK will be operated out of headquarters in Edinburgh, Scotland and will be the platform for running all Carnegie’s […]

  • 27 April 2012
    Business & Finance

    Swiber Offshore Construction Pte Ltd (“SOC”) and Kreuz Engineering Ltd (“KEL”), subsidiaries of Singapore-based Swiber Holdings Limited , have incorporated a new wholly owned subsidiary in Mexico, known as Swiber Offshore Mexico SA DE CV (“SOM”). The initial issued share capital of SOM is 50,000.00 Pesos. The principle activity of SOM is to engage in […]

  • 30 November 2017
    Business & Finance

    French CMA CGM Group will merge its two subsidiaries MacAndrews and OPDR, specializiang in short sea transportation, effective January 1, 2018, the company said. Following the move, the merged company will be headquartered in Hamburg and will have 595 employees, as employment in each entity will be maintained. In addition, MacAndrews will have a presence in 16 countries through 36 agencies. […]

  • 16 October 2015
    Business & Finance

    Ocean Renewable Power Company (ORPC), a US-based hydrokinetic technology developer, has established a subsidiary in Canada. ORPC’s wholly-owned subsidiary Énergies Marines Renouvelables Québécoises (EMARQ) will be based in Montreal, Quebec, with Marcel Boridy named as EMARQ’s General Manager. Boridy said: “EMARQ’s vision is to work collaboratively with the Quebec government and interested organizations to install marine renewable […]

  • 25 April 2014

    Singapore’s Swiber Holdings Limited has established a new subsidiary in Mexico. The offshore marine services company said that together with its subsidiaries Swiber International Pte. Ltd. (“SIPL”) and Swiber Offshore Construction Pte. Ltd. (“SOCPL”), it had incorporated a new wholly-owned subsidiary in Mexico, known as Tuscan Marine, S.A. de C.V. SOFOM E.N.R. (“TM”). The initial issued share […]

  • 21 February 2019
    Business & Finance

    DEME Group has integrated activities of its subsidiaries GeoSea, Tideway, A2Sea and EverSea into the DEME Offshore activity line. By integrating all of the offshore activities, expertise and capabilities into one organisation, DEME will be able to fulfil the future requirements of its customers, the company said. For the renewables customers, DEME Offshore provides solutions from foundation/turbine […]

  • 9 August 2017
    Business & Finance, Operations & Maintenance

    Bumi Armada has set up a direct wholly-owned subsidiary and two indirect wholly-owned subsidiaries in the Netherlands. The company said that formation of a Netherlands holding company structure is part of Bumi Armada’s ongoing initiatives to streamline its corporate structure, create a corporate and legal shield, optimise efficiencies and establish a commercial presence close to key […]

  • 20 February 2013

    Moventas, one of the world’s leading gear manufacturers and service providers, has opened a subsidiary in France. Moventas France will increase the company’s presence and sales efforts in all of its business areas in the country. The new subsidiary will be building Moventas’ local service and technical support in France, for both its industrial and […]

  • 5 June 2014
    Business & Finance

    Mermaid Marine Australia Limited (MMA) has confirmed that it has now completed the acquisition of all the subsidiaries of Jaya Holdings Limited. The acquisition adds 27 modern offshore vessels to MMA’s fleet as well as two strategically located onshore facilities in Singapore and Batam, Indonesia. In line with MMA’s five year strategy, the acquisition expands the […]

  • 16 November 2016

    Antrim Energy Inc., an international oil and gas exploration company, will sell its Ireland subsidiary to AzEire, making a step towards the dissolution of the corporation, earlier approved by its shareholders. The company said on Wednesday it reached a deal with AzEire to sell its Ireland subsidiary Antrim Ireland for  for US $250,000 in cash, […]

  • 12 July 2012
    Business & Finance

    Greatship Global Offshore Services Pte. Ltd. (GGOS), a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a Platform/ROV Support Vessel, GREATSHIP ROOPA, from Colombo Dockyard Plc, Sri Lanka. Greatship Roopa is a DP2 vessel, capable of supporting offshore […]