The Malaysian FPSO operator tabled an offer just shy of NOK1bn ($170m) for the Oslo-listed company last month.
FOP’s majority shareholder, First Olsen, had already given pre-acceptanceof the offer for its 65.2m shares which constitute close to two thirds of theequity in the company.
Maybank, United Overseas Bank (UOB) and AmInvestment Bank haveagreed to provide a $130m loan for the move for the Norwegian firm which owns threeFPSOs and a jack up rig.
