General – Acquisition
Solstad has signed certain transaction documents whereby Solstad will acquire a 35.8 percent ownership share in Omega Subsea.
Omega Subsea is a market-leading provider of ROV, tooling, personnel, survey and project management services to the global subsea industry.
Solstad Offshore’s focus remains to be an owner and operator of offshore vessels on a day-to-day basis and has no intention of being a contractor, but its Services offering provides clients with access to more complete delivery.
“This investment strengthens our Service offering and gives us ownership in the solid competence that Omega Subsea AS holds. The cooperation with Omega Subsea provides customers with easy access to value-added services that they often require,” says Lars Peder Solstad, CEO of Solstad Offshore ASA.
