Prosafe's merger with competitor rejected by Norwegian regulators

The Norwegian regulators have rejected Prosafe's merger with Floatel, noting that it will harm competition for leasing of hotel rigs on the Norwegian shelf. Prosafe has three weeks to appeal the decision.

"We'll read the decision, and then we'll decide whether to appeal," CEO Jesper K. Andresen tells ShippingWatch in a comment on the rejection by the Norwegian Competition Authority. Photo: PR / Prosafe

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Related articles

Latest news


See all

See all