Transaction|September 16, 2014
SSP Offshore completes sale of its business assets
Torys acted as counsel to the special committee to SSP Offshore with a team led by Scott Cochlan.
On September 16, 2014, SSP Offshore Inc. (SSP Offshore) closed the sale of substantially all of the assets of SSP Offshore as well each of its three operating subsidiaries to Jurong Shipyard Pte. Ltd. (Jurong).
SSP Offshore is a solutions-based proprietary technologies company, actively commercializing its SSP® FPSO platform design in multiple formats for FPSO, deepwater drilling and logistics hub applications.
Further information can be found on Canada Newswire's website.