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“We established Castor Drilling Solution AS (CDS) in 2011 and have been operative for more or less two years; today we are focused on the offshore market and all types of equipment related to drilling, and well intervention vessels,” begins Oyvind Vaagland Reiten, chief executive officer at CDS. Read more...
Castor Drilling Solution
Notification of change in owner structure and capital increase
May 4. 2012, 11:30 Kristiansand, Norway
Castor Drilling Solution AS (CDS) has successfully completed an issue of shares to strengthen the company for further growth.
After the transaction SEAONICS holds 34% of the shares in CDS AS. The remaining shares are in the ownership of the CDS employees and financial investors.
This transaction of shares provides a sound economic basis and solid industrial position to enable CDS to grow in the strong offshore drilling equipment market segment.
CDS is determined to becoming a prominent niche Equipment supplier mainly within the offshore marked for heave compensation and riser tensioner systems. This also includes the growing marked for offshore Subsea Construction vessels.
CDS can in addition carry out services within system analyses and dynamic simulations, related to a wide range of offshore systems and products, including e.g. integrated riser analyses and material analyses.
CDS comprises a highly competent staff, which has proven both scientific and engineering excellence and with many years of practical experience from the offshore drilling and oil and gas industry.
For further information please contact:
Castor Drilling Solution AS
Øyvind Vaagland Reiten
Cell: +47 95 80 36 11