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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Daewoo Shipbuilding makes deal with conglomerate on conditional sale

Shipbuilding group DSME has signed a memorandum of understanding with conglomerate Hanwha Group about a sale of Korea Development Bank’s 50-percent equity position, according to a news agency. The state-owned bank has previously stated that the yard ought to be sold quickly. Updated.

Further reading

Related articles

Latest news

See all jobs