NORWAY - HiTecVision sells three portfolio companies to Cubera
HiTecVision has completed the sale of RigNet Inc, SPT Group AS, and Norse Cutting & Abandonment AS to Cubera for an undisclosed sum.
Oslo-based SPT Group develops dynamic modelling software for the oil and gas industry. RigNet is a provider of communication services to the oil industry and is based in Houston, USA. Based in Stavanger, Norse Cutting & Abandonment provides services to the oil and gas industry in three areas: repair and maintenance; well abandonment and decommissioning; and mooring services.
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