§ Sir Russell Fairgrieveasked the Secretary of State for Energy what recent contacts have taken place between officials of his Department and British Underwater Engineering Plc; and for what purpose.
§ Mr. GrayOfficials of the Offshore Supplies Office maintain frequent contacts with British Underwater Engineering Plc, as they do with other United Kingdom companies, for the purpose of promoting the efficient supply of goods and services required for development of oil and gas resources of the United Kingdom continental shelf.
§ Sir Russell Fairgrieveasked the Secretary of State for Energy whether he has assessed the consequences for the offshore supply industry of a takeover of the diving company K D Marine by British Underwater Engineering Plc.
§ Mr. GrayYes. I am satisfied that the acquisition of K D Marine by BUE is in the best interests of the British Technology Group, the two companies concerned and the United Kingdom offshore supply industry generally.