Friday, October 19, 2018
Epic buys BAE-Mobile shipyards
Epic Alabama Shipyard has bought BAE Systems' Southeast Shipyards Alabama and its facilities in Mobile, Ala. Epic will provide ship repair and maintenance services utilizing existing facilities and dry docks, including Alabama Dry Dock, which is one of the largest in the Gulf of Mexico. Epic Alabama Shipyard is owned by Epic Companies of Houston, a global offshore construction and decommissioning company, which will service vessels from its own fleet in Mobile. No purchase price was disclosed. Epic is also exploring opportunities to fabricate offshore structures, barges and small vessels in Mobile. Epic provides support services to the offshore energy sector, including diving, pipe-laying, plugging and abandonment of wells, platform and pipeline decommissioning, and construction of offshore structures, including LNG offshore terminals. (Source: Work Boat 10/18/18)