MPF teeters on the brink

Norwegian rig contractor MPF is thought to be on the brink of either bankruptcy or a buyout following overwhelming cost increases, delays and engineering problems.

Selling out: MPF bosses Hans Petter Finne and founder Wilhelm Blystad look for a buyer
Selling out: MPF bosses Hans Petter Finne and founder Wilhelm Blystad look for a buyer
Published 18 September 2008, 08:40Updated 10 October 2016, 10:18
Europe