BAROID CORPORATION COMPLETES ACQUISITION OF SUB SEA INTERNATIONAL INC.
HOUSTON, Jan. 29 /PRNewswire/ -- Baroid Corporation (NYSE: BRC) today announced that its stockholders approved the previously announced acquisition of Sub Sea International Inc. Sub Sea International Inc., now a wholly-owned Baroid subsidiary, is a leading provider of services and equipment to the underwater segment of the petroleum services industry and is a world leader in the development and use of remotely operated vehicles for underwater oilfield service applications. Baroid Corporation is a worldwide supplier of oilfield services and products. -0- 1/29/93 /CONTACT: Robert P. Wallace of Baroid Corporation, 713-987-5186/ (BRC)
CO: Baroid Corporation; Sub Sea International Inc. ST: Texas IN: OIL SU: TNM
TM-OS -- NY082 -- 0914 01/29/93 16:17 EST
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|Date:||Jan 29, 1993|
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