Seadrill boss John Fredriksen has agreed to invest in a company that plans to participate in a transatlantic fibre-optic cable project and a large data centre in Norway.
The offshore, shipping and seafood billionaire will take an unspecified stake in Norway’s Bulk Infrastructure, which has in part targeted the oil and gas industry for use of its data centres.
Bulk Infrastructure’s founder and chief executive Peder Naerboe will, along with Fredriksen, plough Nkr400 million ($49 million) into the scheme, with Fredriksen’s cash coming from his privately-held Geveran Trading investment vehicle.
