EnergyWatch

Aker Solutions buys Norwegian oil service company

Norwegian Aker Solutions buys family-owned oil service company for a little over NOK 200 million. The acquisition of the company, Norway's third-largest offshore supplier, is expected completed in the second quarter.

Photo: Hjalmar Otto Fjøsne, Aker Solutions

Aker Solutions buys oil service company Reinertsen in a move that will strengthen the company's role as supplier to the offshore sector, informed Aker Solutions in a press release last Thursday.

With the purchase, Aker Solutions will "build on its position as a leading maintenance and modifications supplier to offshore Norway," writes the company.

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