Is a thailand based provider of subsea services to the oil gas industry in s e.
Beacon offshore energy.
We are focused on acquisition exploration development and production of high margin oil gas assets located in the deepwater gulf of mexico.
With a focus on investing in upstream oil gas.
The total contract value based upon the conditional agreement is estimated to be approximately 250 million.
The shenandoah project and associated drilling services are subject to final investment decision fid from beacon offshore energy and its partners which is expected to be made on or prior to march 31 2021.