COLUMN | More mistakes? Velesto, Shearwater, PXGEO and Polarcus, P&O Maritime Logistics, Bourbon Oceanteam and Boskalis, and James Fisher Subtech [Offshore Accounts]

Last week we looked at mistakes – mistakes from lenders in Singapore to Swiber and KrisEnergy (here), and a terrible error of judgement that led to the capsizing and si ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-more-mistakes-velesto-shearwater-pxgeo-and-polarcus-po-maritime-logistics-bourbon-oceanteam-and-boskalis-and-james-fisher-subtech-offshore-accounts/

Furgo Divest Off Seabed Solutions

According to an article published in Furgo, Fugro has reached a binding agreement with PXGEO Seismic Services Limited (PXGEO) to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for USD 16 million (approximately EUR 14 million) in cash and the transaction is expected to be completed mid-2021.

The Divestment

The divestment includes Seabed’s ocean bottom node (OBN) inventory, handling equipment, related technology and order backlog. In addition, a...

https://mfame.guru/furgo-divest-off-seabed-solutions/

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