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Tuesday, 02 December, 2008, 14:10 GMT | more >>

Petrojack offers Transocean options



By Upstream staff 

Petrojack of Norway has granted US drilling giant Transocean exclusive marketing rights for jack-ups Petrojack 1, 2 and 3 as well as an option to buy the rigs.

The offer is valid up to 15 March but the sale of Petrojack 2 and 3 is made subject to the approval of Petrojack shareholders.

The sale of all three rigs, which are still under construction, would give an average price of $180 million for Petrojack.


Thursday, 05 January, 2006, 11:09 GMT  | last updated: Thursday, 05 January, 2006, 11:14 GMT

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