Wilh. Wilhelmsen banks more on oil and gas

Wilh. Wilhelmsen will pay NOK 545 million to boost its ownership stake in offshore company Norsea Group to 72 percent. "We wish to have an exposure towards the energy market, primarily oil and gas," explains the company.

BY NIKLAS KRIGSLUND, SHIPPINGWATCH

Norwegian shipping and logistics company Wilh. Wilhelmsen is now taking full control over offshore company Norsea Group.

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