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Sevan Marine cashes up

Norwegian offshore service group Sevan Marine signed a $400 million credit facility for a drilling vessel it is building for Brazilian giant Petrobras, it said today.

Cash move: Sevan marine has a number of projects on the go, with the Sevan Piranema set to start work for Petrobras shortly
Cash move: Sevan marine has a number of projects on the go, with the Sevan Piranema set to start work for Petrobras shortly
  • Anthea Pitt
Published 10 September 2007, 07:53Updated 7 October 2016, 07:15
Europe