Norse Cutting & Abandonment ups stake in IOS Offshore

Norse Cutting & Abandonment has acquired an additional 21% interest in IOS Offshore, bringing its total stake to 91%.

Offshore staff

TANANGER, Norway -- Norse Cutting & Abandonment has acquired an additional 21% interest in IOS Offshore, bringing its total stake to 91%.

IOS Offshore (IOS) offers rental, sales, and service of specialized mooring and lifting equipment. The company has several bases along the Norwegian coast and delivers chains, buoys, mooring lines, anchors, and lifting equipment to oil companies and rig operators.

06/26/2009

More in Company News