Swire Oilfield Services Acquires Weir
Supplier of specialist offshore cargo carrying units, Swire Oilfield Services, has announced the acquisition of the assets and operating business of Australia based Weir OCI, creating the largest regional supplier of offshore cargo carrying units (CCU) in the Australian and Asian region.
Weir OCI is the company’s second Australian acquisition in the past year, and takes investment in the region to more than $25m. In August 2008 Swire Oilfield Services acquired Perth based Maritime Products & Services. The three companies together will now trade as Swire Oilfield Services Pty Ltd. With a fleet of over 1,800 units, the new entity is the largest provider of CCUs. Additionally the company will provide helifuel, filtration and pumping services, chemical handling and specialist support services in the Australasian market.