After its takeover offer was rebuffed by the restructured DOF Group, could Subsea 7 find a dance partner in Solstad Offshore?
Pareto Securities offshore analyst Joren Sovik Opheim told a standing room only crowd at the bank’s annual Energy Conference that Solstad Offshore fit what Kristian Siem-backed Subsea 7 was looking for when it made an offer for DOF in June ahead of its Oslo initial public offering.