MOMEK Group acquires 70% interest in Grenland Arctic

Offshore staff

HARSTAD, Norway -- The Rana Co., MOMEK Group AS, and Grenland Group ASA will cooperate in the development of Grenland Arctic AS, located in Harstad. The company will now be known Momek Engineering AS.

MOMEK Group acquired 70% of the shares in Grenland Arctic AS. Grenland
Arctic was established by Grenland Group ASA in 2006. The engineering company has its main activities within the oil industry; with oil companies, drilling rig companies and other industrial companies as main clients.

02/04/2009