Gaoh News

UK Wind Energy Services company, Gaoh Offshore announced the signing of a Letter of Intent covering the design development and construction of their multi-purpose wind farm development vessel, the Deepwater Installer. Gaoh Offshore and STX Offshore & Shipbuilding Co., Ltd. (STX O&S) signed the Letter of Intent [LOI] at the end of 2010 and board approval was given last month. The LOI is for construction at the STX Dalian Shipbuilding Complex in China after a period of joint further development giving both companies a commercial interest in the design.

Ashtead Technology announced that Graham Philip has joined the Board as Chief Executive Officer. The appointment is the latest addition to the management team since Ashtead Technology was acquired in June 2008 by Phoenix Equity Partners in a $183.7m MBO. Headquartered in Aberdeen, Ashtead Technology rents specialist equipment to the offshore oil and gas sector and the environmental monitoring and testing industry and operates from 14 locations in the UK, North America and Singapore.