French Group Purchases Marine Structure Firm

O w n e r s h i p of EMH (Entreprise d'Equipements Mecaniques et Hydrauliques), Paris, a wellknown builder of offshore structures for the oil and gas industry, has been acquired by a threecompany French group.

According to Jean Alleaume, EMH president, Spie-Batignoles, SOFRESID, and ETPM have purchased his firm from CFEM (Compagnie F r a n c a i s e d'Entreprise Metallique). Terms of the purchase were not disclosed.

EMH is noted in the marine industry for its pioneering work in the development of the articulated deepwater column. These satellites of oil-production platforms offshore are used for the transfer of crude oil from well to waiting tankers. Also, they are used to flare gas from production facilities.

EMH currently is constructing an articulated column that will serve as remote control center for a subsea well in the Northeast Frigg field.

Mr. Alleaume described EMH's condition as "very sound," and indicated that the company had eight contracts in house. These include three articulated columns for Phillips Petroleum, Mobil Oil, and Elf Aquitaine Norge; a yardbuilt fixed column for installation in coastal waters off Central America for PEMEX; two floating- buoy (CALM) tanker-loading facilities for Total Abu A1 Khoosh off Abu Dhabi and for Elf Italiana in the Rospo Mare field; and two tanker-loading facilities for Panama Pipeline Terminal Company.

Maritime Reporter Magazine, page 15,  Aug 1981

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.