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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.
Stolt-Nielsen leveraged his invention into his work as a ship broker, [3] and in 1959 Stolt-Nielsen officially became a ship owner with his purchase of the Stolt Avance. [ 4 ] 1959-2000
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]
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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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Lynn Cook of the Houston Business Journal described this as "an astonishing number for the size of Andersen Consulting's lease." [2] In 1999, realty firm Cushman & Wakefield moved its Houston office into the America Tower from the Wells Fargo Tower of Four Oaks Place in Uptown Houston. As of 1999 the building was 99% leased. [13]