Worley Parsons

Houston based SEA Engineering was acquired by Worley Parsons (http://www.worleyparsons.com), an Australia based engineering company specialized in resources and energy developments. The announcement was made January 25, 2007. The acquisition price is approximately 25 million US dollars. There were 150 employees at the time of acquisition. Revenue for the 2006 calendar year was approximately 26.5 million dollars.