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    Swire Pacific Offshore acquires Seabed AS

    Company News // March 1, 2012

    Swire Pacific Offshore Operations (Pte) Limited (SPO) has acquired Seabed AS, based in Bergen, Norway.

    Seabed AS was founded in 2008 by Mr Hans Martin Gravdal, who has more than 30 years of experience within a wide range of subsea operations.

    Mr Gravdal and his experienced team will continue with the company which is to be renamed Swire Seabed AS.

    Along with the acquisition, SPO will take ownership of Seabed Worker, an 88m multipurpose support vessel, and the high-specification subsea ROVs held by Seabed AS.

    Neil Glenn, Managing Director of SPO, said, "We are very pleased to announce the acquisition of Seabed, through which we will increase our capabilities and extend the range of services we are able to offer to our customers. We look forward to working closely with Mr Gravdal and his team in Norway as they continue to grow and develop the business."

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