ShippingWatch

Oil companies support Prosafe merger – but authorities say no

Equinor, Aker BP and Total all see the advantages of a merger between Prosafe and Floatel. Each company is fragile on its own, according to a response that ShippingWatch has read via a right of access to documents. Norwegian authorities have rejected the merger.

Photo: Nerijus Adomaitis/Reuters/Ritzau Scanpix

Several major oil companies in Norway see advantages of a merger between the two hotel rig companies Prosafe and Floatel.

Equinor, Aker BP, Total and Lundin are all positive toward the merger, which would create the largest fleet of accommodation vessels for offshore employees in the North Sea.

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