Marine Platforms plans full takeover of former Technip pipelay vessel

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Nigerian offshore services contractor Marine Platforms is pursuing full ownership of the pipelay and heavy-lift vessel Zhong Fei Huan Qiu 1200. It previously acquired a 51% stake, while Chinese offshore engineering group DS Global retains the remaining 49%.

Nigerian offshore services contractor Marine Platforms is moving towards full ownership of the pipelay and heavy-lift construction vessel Zhong Fei Huan Qiu 1200, formerly known as Global 1200. The company acquired a 51% interest in the vessel in 2025, with Chinese offshore engineering group DS Global retaining the remaining 49%. Marine Platforms now expects to …