Prosafe-Floatel planned merger hits the rocks

Accommodation services pair scrap plans after authorities block deal due to North Sea competition concerns

Out of work: flotel Safe Boreas is among Prosafe vessels that are presently unemployed — Out of work: flotel Safe Boreas is among Prosafe vessels that are presently unemployedPhoto: PROSAFE

Steve Marshall

Oslo

Prosafe Floatel International Norway United Kingdom North Sea

Published 20 February 2020, 09:54Updated 20 February 2020, 09:54