C.W. Downer & Co. Advises Norse Cutting & Abandonment As on Sale to Oceaneering International, Inc.
C.W. Downer & Co. is pleased to announce that Tananger, Norway-based Norse Cutting & Abandonment AS (NCA) has agreed to be sold to Oceaneering International, Inc., for approximately $60 million. NCA was owned by Cubera Private Equity, Energy Ventures and the founders and management of NCA. The transaction closed on March 31, 2011.
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