May 19 - Wilhelmsen has entered into a letter of intent with Eidesvik Eiendomsinvest and Simon Møkster Eiendom to acquire 32 percent of the outstanding shares in NorSea Group.

According to a statement from Whilhelmsen, the transaction is expected to take place "within a couple of months."

Subject to agreement between the parties, Wilhelmsen will be the majority owner with 72 percent of the shares, while Eidesvik and Møkster will hold approximately 12 percent each.

The management in NorSea Group holds the remaining 4 percent.