Ulstein And Sea of Solutions Cluster Collaboration23/10/2007 |
| A letter of intent was signed on the 5th of September 2007, in respect of the contemplated acquisition of a majority stake by the Ulstein Group in Netherlands based Sea of Solutions as per January 2008. The deal is, amongst others, subject to a positive outcome of the Due Diligence process. |
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Sea of Solutions is a young, dynamic company developing projects for operators, contractors and ship owners in the exploration, construction and production market, as well as the maritime transport market. It provides products and services on an independent and confidential basis. Beside innovative designs for newbuild vessels, the company is actively involved in upgrade and conversion projects for existing offshore vessels. Sea of Solutions was established in 2001 and now has 12 employees. If the contemplated transaction is effectuated, the name of the new company will be Ulstein Sea of Solutions. The Ulstein Group celebrates its 90th anniversary in 2007. Over the years the company has grown into a pioneering enterprise developing state-of-the-art offshore vessels. The company stands as a trendsetter within ship design, shipbuilding and electrical and control systems. The company currently has approximately 700 employees in seven countries. Read more about: vessel Supplier: Ulstein Group More news from this supplier: Twentieth X-Bow Ready to Sail Polarcus to Build Arctic Seismic Vessels WG Cook Delivered Seismic Research Vessel Oceanic Vega Delivered Deepwater Repair Vessel Launch Polarcus Asima Named Sarah Delivered Pipelay Vessel DP2 Prepared Ulstein Sea Of Solutions Wins Industrial Marketing Award 2008 Offshore Survey Frame Agreement ROV Survey of the Costa Concordia Grounding Site (video) 44 PMGS Transponders for Earthquake and Tsunami Research Underwater Vision to Fugro Subsea Services Award for Brazilian Hydrographic Paper Demonstrating a 'Deeper Understanding' First Real-Time Seafloor Earthquake Observatory Theme of Hydrography Day 2012: International Cooperation Finistère and Mediterranean Bathymetric Lidar Surveys Precise Positioning For BP Vessels 
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| News > Ulstein And Sea of Solutions Cluster Collaboration |
Both Ulstein and Sea of Solutions enjoy a solid and leading standing in the international offshore industries and are renowned for their innovative ship design concepts. Sea of Solutions designs ships in heavy offshore which will extend the product portfolio of Ulstein. The vessels are mainly designed for deepwater operations, being it drilling, pipelay or heavy lift operations.
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