Two offshore accommodation vessel contractors have thrown in the towel on their plans to join forces after running into opposition from monopoly watchdogs.
The UK’s monopoly watchdog has cast serious doubt on the completion of a merger between two North Sea offshore accommodation vessel suppliers.
The UK’s monopoly watchdog has decided to carry out an in-depth investigation into the planned merger between two offshore accommodation providers.
Prosafe has signed a deal to acquire Bermuda-based Floatel International to create the “world’s largest” offshore accommodation company.
Semco Maritime will upgrade a floatel ahead of its posting to the UK North Sea for a job with Total subsidiary Maersk Oil.