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Nautilus Marine Services PLC

Company Detail

Description

Nautilus Marine Services Plc (Nautilus), formerly named Global Energy Development Plc, is a British firm focused on investing in the subsea oilfield services sector in the Gulf of Mexico. The company also holds two oil contract areas in Colombia's Middle Magdalena region: the Bolivar and Bocachico association contracts. Due to the decline in oil prices, the company closed the operations of its Colombian subsidiary Colombia Energy Development Company (CEDCO) in August 2014 and sold its oil exploration and production assets in Colombia's Llanos basin. The London-based firm was founded in 2001 and has a corporate office in Texas, US.

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