Astro Offshore
Fleet of offshore support vessels for oil, gas, and renewable energy sectors, offering drilling support, production, and construction services.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $185m Valuation: $231m | Acquisition | |
| Total Funding | 000k | ||
Astro Offshore, established in 2009, specializes in providing offshore support vessels for the oil, gas, and renewable energy sectors. The company owns and operates a diverse fleet, including ocean-going tugs, anchor handling tugs (AHTs), and barges. These vessels are essential for various operations such as drilling support, production, and both onshore and offshore construction. Astro Offshore serves a wide range of clients, from major oil companies to renewable energy firms, ensuring that their maritime needs are met efficiently and safely.
Astro Offshore operates in the offshore marine industry, focusing on key markets within the oil, gas, and renewable energy sectors. The business model revolves around leasing its fleet of specialized vessels to clients, generating revenue through long-term charters and turnkey projects. This approach allows the company to maintain a steady income stream while providing essential services that support the infrastructure and operational needs of its clients.
Keywords: offshore support vessels, oil and gas, renewable energy, drilling support, production, construction, ocean-going tugs, AHTs, barges, turnkey projects.