The merger between Master Marine and Crossway Holdings (announced on March 4, 2019) has received all customary approvals and has now been completed and made effective. The merger will create a high-end offshore accommodation player named Macro Offshore.

Jacktel AS, a wholly owned subsidiary of Master Marine AS, has agreed with Equinor that Haven shall be laid up at Johan Sverdrup following the expiry of the firm contract Dec 7 2019

Master Marine AS and Crossway Holdings, both leaders in offshore accommodation services, have agreed to merge operations