A recovering North Sea market is just one factor pushing Horizon Maritime into Norway.
Chief operating officer Steve Widmeyer said increasing rig counts and rising rates in the region were only part of the reason the company established Horizon Maritime Offshore in Aalesund after acquiring the 280-bp Horizon Arctic (built 2016) from Bourbon.
"It only made sense if you have a vessel working in that region, that you have the proper support on the ground in that time zone" to support it, Widmeyer told TradeWinds Wednesday, noting the ship would continue working in...
