James Fisher to buy Specialist Subsea Services' assets

James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment.

The investment further compliments the James Fisher groups’ existing capabilities in the subsea sector to enable the provision of a fully integrated subsea service offering to its customers, including:

  • Air, nitrox and saturation diving systems and equipment
  • Diving services
  • Inspection class ROV rental and services
  • Provision of specialist ROV operators and offshore personnel
  • Specialist subsea cranes and grabs
  • Largest subsea winch rental fleets available in the North Sea
  • Subsea excavation services
  • Specialist subsea monitoring solutions

Where possible James Fisher intends to support existing contracts where these assets are currently deployed and will evaluate further opportunities to realize additional value for stakeholders.

Image from James Fisher and Sons

 

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