Prosafe reviewing options after Floatel merger vetoed
Oct. 28, 2019
The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.
(Courtesy Prosafe)
The accommodation vessel Safe Notos is under a long-term contract with Petrobras offshore Brazil.
Offshore staff
STAVANGER, Norway – The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.
Prosafe said it would examine the decision and expects to decide on whether to appeal shortly, within the three-week deadline. The company owns and operates semisubmersible accommodation vessels operating at present in the North Sea region and off Latin America.
