Established in 1978, STS owns and operates a comprehensive fleet of inspection and work class ROVs that enable it to provide a full range of inspection, repair, maintenance, exploration drilling, survey and construction support services from offices in Aberdeen (HQ), Bahrain and Singapore.’
Lange’s comments:
“With calendar year forecast revenues of GBP£13 million (AUD$25.5 million), an exceptional management team and a proven track record of managing consistent, profitable growth, STS will play a major role in migrating the proven Neptune model into our international target markets.”
Anyone here have any comments on this proposed marriage; the perceived benefits for Neptune, have Neptune done the right thing with STS ?
i believe as with all previous acquisitions, all management & employees are to be retained.
Tis a shame Joel Weston has apparently departed Neptune as he would have been all over this – and possibly was anyway.
Joel where are you ?
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