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Tuesday, 02 December, 2008, 21:20 GMT | more >>

Petrojack to sell jack-up double



By Upstream staff 

Norway's Petrojack has agreed to sell two of its jack-up rigs being built at Jurong Shipyard in Singapore to a major international drilling operator.

The two rigs - Petrojack I and III - will be sold for $420 million in total. Petrojack did not reveal the name of buying company but said the sale is expected to take effect in two weeks.


Monday, 10 July, 2006, 07:57 GMT  | last updated: Monday, 10 July, 2006, 07:57 GMT

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