Offshore oil and gas services firm Aecor Group has expanded through the acquisition of industrial rope access and inspection company Vertical Services.
Austal has agreed to sell its former satellite service base at Henderson to AME Offshore Solutions for $21 million, with the proceeds being used to reduce debt.
Oil and gas producers' reluctance to buy expensive equipment is providing a lucrative niche for a Perth-based engineer, which hopes its new initiative will be even more successful than its original
