WorleyParsons buys Norwegian fabricator
WorleyParsons has agreed to buy fabrication specialist Bergen Group Rosenberg for $190 million.
According to WorleyParsons, the company has a strong track record in offshore oil and gas front-end engineering and design, reimbursable EPC, long-term maintenance, modifications and operations, subsea fabrication, installation, and hook-up.
The company has served the maritime and offshore sectors for more than 100 years, with an engineering base in Stavanger. Rosenberg employs about 650 people.
WorleyParsons CEO Andrew Wood said: “The impressive history, capability and depth of client relationships of Rosenberg provide the ideal platform for us to expand our presence in the Norwegian continental shelf offshore oil and gas market.”