Lankelma Acquires Andrews

Lankelma Marine SI has acquired Great Yarmouth UK based Andrews Survey, which has become Lankelma Andrews. Andrews brings 30 years of marine survey experience and their geotechnical capability will augment the Lankelma marine resource pool with CPTs, hydraulic vibracorers and a range of other seabed samplers. The new company will have bases in the UK, the Netherlands, Singapore and Azerbaijan.

Subject to satisfactorily addressing relevant preconditions, a formal Memorandum of Understanding was entered into on or about the end of July, 2006. The Memorandum of Understanding provides the basis upon which the parties intend to work together to complete the final contracts in the coming months, thereby enabling the transfer of the existing port operations and the commencement of the construction of the outer harbour.

MJInformation No: 22207