Shell Offshore Services Company News

Stratos Global Corporation has entered into a definitive agreement to acquire Shell Offshore Inc.'s telecommunications subsidiary, Shell Offshore Services Company (SOSCo). The transaction is subject to regulatory approvals and customary closing conditions. "The acquisition of SOSCo is consistent with Stratos' long-term strategy of providing communications solutions to high volume industrial customers operating in remote locations," explains Derek Woods, president and CEO of Stratos. Based in New Orleans, SOSCo uses a state-of-the-art digital microwave system to provide voice, data and video services, Internet access and network connectivity to more than 250 remote drilling rigs and production platforms located offshore in the Gulf of Mexico.