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India's Great Offshore To Buy Norway's PetroJack?
20 August 2007
India's Great Offshore Ltd is believed to be taking over Norwegian offshore company PetroJack AS in a 500 mln usd deal, the Economic Times reported.
The deal is likely to be closed within a couple of weeks, it added.
However, it said Great Offshore managing director Vijay Sheth refused to comment, as did senior officials at India-based Aban Offshore, which owns a considerable stake in PetroJack through Sinvest ASA of Norway, which was bought by Aban in 2006.
source: ABC Money
Tags : Great Offshore, PetroJack, jack-up