Sembcorp Marine Ltd has completed the acquisition of a 50% interest in KANFA Aragon AS, from Sevan Marine ASA.

The deal implies a net value of $2.34m, which was financed through internal funds.

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KANFA Aragon is a provider of process engineering services to the offshore oil and gas industry.

"The deal implies a net value of $2.34m."

The transaction allows Sembcorp to expand its operations in Norway.

TorcSill Foundations, LLC has completed the acquisition of AnchorPipe International, Inc.

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AnchorPipe offers onshore and offshore pipeline anchoring solutions to the oil and gas industry. The acquisition allows TorcSill to serve onshore and offshore pipeline operators worldwide.

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