Oslo-listed Rieber will shoulder a fourth quarter charge of $13.51m on the deal.

Irene Waage Basili, chief executive of Rieber, says the sale fits a plan to focus on three core areas. 

“We see exciting opportunities in ice/support, subsea and also within seismic,” Basilim said.

“We have to exploit our strong financial position, by selectively pursue growth opportunities we believe will provide the best return.”

Rieber