WorleyParsons is acquiring Norwegian offshore engineering and design specialist Bergen Group Rosenberg AS in a NOK 1,088m (US $192m) cash deal.
The Australian contractor is buying 100% of the shares of the company, which is a wholly-owned subsidiary of the Bergen Group. Completion of the acquisition was expected by the end of February, said WorleyParsons. Rosenberg employs approximately 650 people.
Operating in a fully-integrated engineering, fabrication and construction environment, Rosenberg has a strong track record in the offshore oil and gas front end engineering and design, reimbursable EPC, long-term maintenance, modifications and operations, subsea fabrication, installation and hook-up markets, added WorleyParsons.
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