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Norwegian offshore carriers join forces

Meanwhile, Norwegian business magnate Kjell Inge Røkke is behind yet another offshore development. After a refinancing plan for the dwindling offshore carrier Rem was thwarted, the carrier will now join forces with another Norwegian offshore carrier.

Photo: PR-foto/Aker

Two struggling carriers from Norway, Rem Offshore and Solstad Offshore, have decided to join forces in order to strengthen their position in an escalating sector crisis by merging into a carrier with 62 vessels.

This is according to information sent to the Oslo Stock Exchange, and constitutes the culmination of efforts during the latest months to secure a future for the carriers. The deal involves business magnate Kjell Inge Røkke, a dominant figure in Norwegian offshore.

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