Stolt Offshore Announces Sale of Certain Assets to Ca

Maritime Activity Reports, Inc.

October 20, 2005

Stolt Offshore S.A. confirmed that the US Department of Justice has cleared the sale of the shallow water assets that form part of its North America and Mexico (NAMEX) business to Cal Dive. Stolt Offshore is now undertaking pre-close formalities and completion accounts with Cal Dive after which information will be issued on the final gain on sale.
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