Seldom-seen mergers and acquisitions (M&A) activity is looming large for owners in Norway’s offshore-support sector, probably sometime after next month and possibly to the tune of $1bn.
New Orleans-based owner Harvey Gulf International Marine confirms it is still moving to buy a Norwegian offshore owner, even after its asset-hungry boss revealed the purchase of his third US company, Abdon Callais Offshore, at the end of last week.
TradeWinds
