SBM Offshore buys DSCV stake from Ocean Yield

Floating storage specialist SBM Offshore has forked out $30m to Ocean Yield to take full ownership of 2013-built diving support and construction vessel in order to sell it. The vessel is owned by joint venture OS Installer, owned 75% by Norway’s Ocean Yield and 25% by SBM, and employed on a long-term charter to SBM …

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