MARKETS

Farstad secures merger

FARSTAD Shipping has found a solution to its financial woes, merging with Solstad Offshore and Deep Sea Supply to create a “world leading” offshore supply vessel player to help resolve Norway’s fragmented offshore services sector.

Farstad secures merger

Farstad announced yesterday that it had reached an agreement with its banks, bondholders and other stakeholders that will see the company re-emerge as a much bigger fish.   The company laid off about...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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