SBM Offshore strikes $30 million deal to gain control of subsea vessel - ahead of sale

Netherlands-based player agrees to pay $30 million to Norway's Ocean Yield to secure full control of diving support and construction vessel - and will then sell the unit

Purchase, and sale: the SBM Installer vessel
Purchase, and sale: the SBM Installer vesselPhoto: SBM Offshore
Published 21 August 2020, 16:49Updated 21 August 2020, 16:53