Three60 Acquires North Sea Construction and Commissioning

Laxman Pai
Thursday, December 20, 2018

Australian energy services group Three60 Energy  has acquired Aberdeen-based North Sea Construction and Commissioning (NSCC) for an undisclosed sum. This is now the fourth company to be added to the fast-developing energy services group which now employs over 320 people.


Established in 2017, NSCC specialises in the provision of construction, mechanical completion and commissioning support services for the offshore and onshore oil and gas industry, whose focus is on maximising safe and efficient delivery in both the North Sea and overseas.

The company has established a track record covering all aspects of topsides infrastructure construction and campaign delivery covering heavy-lift, accommodation flotels, rig mobilisation and walk-to-work vessel supported campaigns.

The acquisition of NSCC represents the fourth constituent company of the Three60 Group following the investments in LEAP Energy, Step Change Engineering and Ridge AS. The headquarters of NSCC will remain in Aberdeen and will be combined with Three60’s Step Change Engineering during 2019.

The existing management team will continue to lead business operations and will benefit from the support of the Three60 leadership team.

Walter Thain, Group CEO said, “The acquisition of NSCC adds further complementary capabilities to Three60 as we continue to build our portfolio of excellent companies who, together, will provide customers with a complete suite of services across the whole asset life cycle. This addition to our overall service capability is extremely timely as we now establish an integrated engineering and construction offering with the combination of our existing expertise in Step Change Engineering. We believe we can grow this business through providing value-adding, efficient and customer focussed engineering and construction capability at a Tier 2 level.”

Iain Macdonald, Managing Director of NSCC, said: “We are delighted to join the Three60 Group and look forward to leveraging and integrating our capability both locally and exporting our services across the other Three60 geographies. The wider integrated offering, across the Three60, will enable us to provide an enhanced service in field development, and lean EPC delivery.”

Categories: People & Company News Legal Mergers & Acquisitions Offshore Energy

Related Stories

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Eni Makes Significant Gas Discovery Offshore Indonesia

Harbour Energy to Sell Stakes in Indonesian Assets to Prime Group for $215M

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

BP Hires Seatrium to Deliver Tiber FPU in Gulf of America

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

MDL Secures Cable Laying Job in Asia Pacific

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Current News

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

Technip Energies Gets On Board Thailand’s First CCS Project

Eni Makes Significant Gas Discovery Offshore Indonesia

Petronas Enlists MISC for FPU Job at Gas Field Offshore Brunei

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com