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Titan inks oil rig MoU

Hong Kong-listed Titan Petrochemicals Group has signed a memorandum of understanding with an Asian rig builder and a third party to jointly operate an oil rig manufacturing business.

Collaboration: Titan Petrochemicals Group is in talks with an Asian rig builder about possibly joining up and adapting the Quanzhou shipyard for the manufacture of oil rigs
Collaboration: Titan Petrochemicals Group is in talks with an Asian rig builder about possibly joining up and adapting the Quanzhou shipyard for the manufacture of oil rigs
Published 12 November 2013, 05:31Updated 12 November 2013, 05:31
Asia & Oceania