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Norwegian and British offshore brokers merge

Norwegian Pareto JGO Shipbrokers acquires British Derrick Offshore in a move to, among other things, expand its activities in oil center Aberdeen.

Photo: Songa Offshore

Norwegian Pareto JGO Shipbrokers acquires British Derrick Offshore. Both companies specialize in the oil and gas industry.

With the acquisition, Pareto strengthens its position in the British market, not least in the offshore center Aberdeen, where the company plans to expand its activities after Pareto Securities recently established a branch in the Scottish city, according to a joint statement from the two companies.

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