Fred Olsen Production signs FPSO cooperation deal with Japan's Marunbeni Corp |
|
|
|
Published
:
Tue, 08 May 2007 15:41
|
OSLO (Thomson Financial) - Fred Olsen Production ASA (FOP) said it has signed a strategic cooperation deal with Japan's Marubeni Corporation that will see the two firms work together to identify and execute FPSO (floating production, storage and offloading) projects in certain Asian countries.The Norwegian firm said the partnership will target China, Vietnam, Cambodia and Thailand, where it expects there to be strong demand for FPSO services.FOP is 57.7 pct-owned by First Olsen Ltd, a company owned jointly by Ganger Rolf ASA and Bonheur ASA.alastair.reed@thomson.comar/jrCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
|
|
|
|
|
|
|
| Stock
Quotes * |
|
NASDAQ
|
|
1445.56 |
-46.82 (
-3.19 %)
|
| SYMBOL (
2008-12-04 ) |
| LAST |
CHANGE
|
|
BG GROUP
(
11:35am )
|
|
850.00 |
+50.50 (
6.27 %)
|
|
NEXT
(
11:35am )
|
|
1058.00 |
+45.00 (
4.49 %)
|
|
SABMILLER
(
11:35am )
|
|
1076.00 |
+31.00 (
2.95 %)
|
| SYMBOL (
2008-12-04 )
|
| LAST |
CHANGE
|
|
DUPONT
(
4:01pm ) |
|
23.69 |
+0.08 (
0.36 %)
|
| SYMBOL (
2008-12-04 )
|
| LAST |
CHANGE
|
|
|
Print this Story
Fred Olsen Energy Q1 below expectations on higher costs, scheduled renewal work 