The Frenchengineering contractor will gain a 49% interest in the Kanfa division, leavingOslo-listed Sevan on 51% under the deal struck on Friday that is due to close bythe end of this month, though the value was not disclosed.The KanfaAragon unit is excluded from the deal.
The pairintend to further develop and expand the topsides business by targeting newopportunities primarily in the North Sea, as well as in the global offshoremarket.
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