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Acergy was founded in 1970 as Stolt Nielsen Seaway, a division of the Norwegian Stolt-Nielsen Group offering divers for the exploration of the North Sea. After a series of acquisitions, including Comex Services of France in 1992 and Houston , Texas –based Ceanic Corporation in 1998, the company changed its name to Stolt Offshore in 2000.
The company was part of the Stolt-Nielsen Group. In 1989 the company expanded to Aberdeen and in 1992 it acquired the French diving company Comex Services. In 1997 the company won its first ultra-deepwater contract off West Africa, resulting in the acquisition of Houston-based Ceanic Corporation, Danish NKT Flexibles and ETPM of France. [1]
The decision enabled Stolt-Nielsen to petition the district court in Philadelphia to dismiss the indictment based on the amnesty agreement—a petition that was successful. [17] The court threw out the three-year attempt to indict Stolt-Nielsen, as it had fully complied with the amnesty agreement they had previously signed. [18]
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Anyone researching Stolt-Nielsen Limited (OB:SNI) might want to consider the historical volatility of the share price...
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Niels G. Stolt-Nielsen (born January 23, 1965) is a Norwegian business leader. Since 1996 he has served as director of Stolt-Nielsen Limited (SNL), [ 2 ] a company with principal operations in parcel tankers, bulk-liquid storage, tank containers and aquaculture.
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