Aker Solutions said today it had completed it £20million deal to buy a rival Norwegian oil services firm.
Aker first announced the acquisition of Reinertsen on March 30.
Reinertsen, an offshore maintenance and modifications supplier, employs about 700 people and has offices in Trondheim and Bergen.
The company’s order backlog contains contracts with Statoil, including a six-year framework agreement awarded in December 2015.
It also has some smaller subsea services and engineering contracts.