Stolt Comex Acquires Australian Co., Appoints VP For Asia Pacific Region
In mid-August, Stolt Comex Seaway S.A., a diversified contractor to the offshore oil and gas industry, announced the acquisition, subject to due diligence, of Australian company Drillsupport International Pty. Ltd. The Perth-based company, founded in 1990, is a remotely operated vehicle (ROV) operator which has patented an ROV design, dubbed "Toolpusher," four of which are in operation in Australia and Vietnam. Following this acquisition, Stolt Comex Seaway plans to integrate all of its drill support and ROV capability in the Asia Pacific region into one group based in Western Australia. The company's Asia Pacific Region will be led by newly appointed Vice President Brian Butler, who was previously employed as managing director of Swire Pacific Offshore, based in Singapore.