News

TAMS Group acquires Taylored Offshore

TAMS Group acquires Taylored Offshore

Highlights

22nd January 2019

  • TAMS buys 100% of Gladstone-based diversified marine service provider MIPEC, and Cairns-based diving company Taylored Offshore Services.
  • Represents further expansion of TAMS and its first acquisitions outside of Western Australia
  • TAMS to take over MIPEC’s current contracts, support current MIPEC customer base
  • Taylored Offshore Services’ marine services operations centered in northern Australia, Papua New Guinea
  • Follows recent significant shorebase expansion in Western Australia’s North West
  • Adds new capabilities to TAMS’ large suite of services
  • In line with coordinated growth strategy, and allows TAMS to undertake larger projects across Australia and the Asia-Pacific
  • MIPEC and Taylored Offshore Services staff to retain jobs
  • Company will consider further acquisition opportunities after a period of consolidation

Diversified marine and port services company TAMS Group (“TAMS” or “the Company”) advises it has acquired two Queensland-based marine services firms, representing TAMS’ first acquisitions outside Western Australia, and a major expansion for the Company.

The consideration for the purchase for the acquisitions will not be disclosed.

Like TAMS, MIPEC provides port services, marine maintenance, engineering and construction services to the mining, marine, and oil and gas sectors.

MIPEC was established in 2004 and is the largest privately-operated facility in the Gladstone Port Corporation’s Marina. MIPEC occupies 6 hectares of land and seabed lease, with extensive marine infrastructure including jetties, slipway, travel lift, barge ramp and significant onshore facilities including vessel maintenance yard, fabrication facilities, warehousing and laydown yard.

Cairns-based Taylored Offshore Services is a diving-focused company offering a complete range of commercial diving, inspection, repair and maintenance services. It offers a full range of inspection, repair and maintenance services to the oil & gas, mining, shipping, defence and marine infrastructure industries throughout the Northern Territory and Papua New Guinea.

MIPEC and Taylored Offshore Services staff are expected to retain their jobs.

TAMS Managing Director Dyon Pilmoor said:

“MIPEC and Taylored Offshore Services present an exciting opportunity for TAMS to expand its business beyond Western Australia and enter the Queensland port and marine services industry. TAMS and MIPEC are similar companies structurally, with similar service offerings, and we see this transaction as a good fit with many synergies, while Taylored Offshore Services strengthens our diving capabilities.

“We will work closely to support MIPEC customers and have already commenced engagement with MIPEC personnel and key customers to enable a collaborative transition with minimal disruption to service delivery.

“This acquisition marks another step in our growth strategy to create a streamlined marine organisation with locally-staffed shorebase locations adjacent to major ports and resource export terminals.

“We continue to build our diverse capability, operational performance and local knowledge enabling TAMS to consistently provide the right solutions to our customers to satisfy their port services, marine maintenance and marine construction requirements,” Mr Pilmoor said.

In September last year, TAMS announced it had opened three new permanent shorebases in Dampier and Port Hedland in the Western Australia’s Pilbara, and Broome in the state’s Kimberley region.

 

22nd January 2019

13 February, 2019

Pre-Qualified for Shell

Pre-Qualified for Shell

Taylored Offshore Services are proud to announce that they are now only the 2nd Commercial Dive Company in Australia to be Pre-Qualified for Shell.  This see’s the start of a multi-year maintenance contract of Shells QCLNG facility on Curtis Island in Gladstone.

09 March, 2018

CRC Water Reservoirs

CRC Water Reservoirs

TOS along with AECOM awarded the cleaning and inspection of Cairns Regional Council 24 Water reservoirs.

14 February, 2018

Office Relocation

Office Relocation

Taylored Offshore Services relocates to 107 Draper Street. After 5 years in Tingira Street we were forced to find a larger premises with laydown and larger office and workshop space.  107 Draper street now gives us the ability to lock forward and grow the business in the future.

10 October, 2017

AFMA Provision of Caretaker Services

AFMA Provision of Caretaker Services

AFMA Award contract to TOS for Provision of Caretaker Services.

02 September, 2017

RF Rejuvenation Contract

RF Rejuvenation Contract

Raptis Fisheries Award Taylored Offshore Services the Rejuvenation contract of their current wharf facility in Karumba.

01 April, 2017

ISO Certification

ISO Certification

ISO Certification has been awarded to Taylored Offshore Services.  We are happy to notify our clients that TOS has obtained certification for:

ISO 9001 Quality Management

ISO 14001 – Environmental Management

AS/NZ 4801 – Occupational Health and Safety

03 March, 2017

TOS Purchase Camplin MCI

TOS Purchase Camplin MCI

TOS Purchase company: Camplin MCI to increase capacity and capability to service local client base. We now have the ability to service multiple clients over multiple locations having acquired 5 air spreads, 3 vessels and a truck in the acquisition.

01 October, 2016

Vessel Support Contract

Vessel Support Contract

Taylored Offshore Services is awarded a 7 month Vessel Support Contract with Neptune Marine Services to Survey Oil Search’s Kumul Terminal Pipeline.

05 September, 2016

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