SCF acquires Cal Dive Australia

Offshore staff

PERTH, Australia – SCF has acquired the Australian and Southeast Asian business of Cal Dive International in partnership with Viburnum Funds and John Edwards. The company which will be renamed Shelf Subsea, will be headquartered in Singapore, and will also have operations in Perth.

Cal Dive Australia is a provider of saturation and air diving and subsea services. The company’s offerings span the life cycle of a well and include: geotech coring; pipeline and umbilical installation, hook-up and tie-in; inspection, repair, maintenance; well intervention; platform removal and P&A work. The company operates a fleet of specialist vessels and also offers ROV services.

The management team of Peter Evans and Peter Malcom will continue to run the business. John Edwards, who previously partnered with SCF to build Canyon Offshore, will serve as chairman.

The entity that SCF is acquiring was originally Fraser Diving International before being acquired in 2005 by Cal Dive International and says it is the largest independent diving services company in Australia.

08/25/2015

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