Sembcorp Marine Ltd has completed the acquisition of a 50% interest in KANFA Aragon AS, from Sevan Marine ASA.
The deal implies a net value of $2.34m, which was financed through internal funds.
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KANFA Aragon is a provider of process engineering services to the offshore oil and gas industry.
The transaction allows Sembcorp to expand its operations in Norway.
TorcSill Foundations, LLC has completed the acquisition of AnchorPipe International, Inc.
AnchorPipe offers onshore and offshore pipeline anchoring solutions to the oil and gas industry. The acquisition allows TorcSill to serve onshore and offshore pipeline operators worldwide.
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