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

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Energean’s Profit Rises as Israeli Gas Operations Recover

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Petronas Turns to AI to Accelerate Upstream Investment

Fugro Secures India Deepwater Drilling ROV Contract

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

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