Maintenance of offshore platforms

Bilfinger Berger Industrial Services AG,formerly Rheinhold & Mahla AG, acquired Aberdeenbased Salamis Group Ltd. in July 2006. Salamis has a market share in the UK of just over 40 percent and serves major oil and gas companies. The company generated revenues in excess of €160 million in 2005. Almost all of Salamis’ business is conducted on the basis of longstanding framework agreements. Its service spectrum incorporates scaffolding, fire and corrosion protection, insulation,as well as cleaning and inspection.

With its takeover of Salamis, Bilfinger Berger is further expanding its position in the maintenance and repair of oil and gas platforms in the North Sea. Bilfinger Berger Industrial Services is one of the leading service companies in this segment,especially in the Norwegian offshore business. In view of the oil price development and rising energy consumption levels,Bilfinger Berger expects demand to remain high. This will be boosted by higher safety requirements and increasing maintenance needs.