Norwegians Buy Oil Rigs

Thursday, April 06, 2006
Norway’s Petrojack ASA is selling three jackup oil rigs, being built in Singapore, for $600m. Awilco Offshore ASA and Sinvest ASA will share the cost of the three offshore oil and natural gas drilling platforms. The Baker Marine Pacific Class 375 deep drilling rigs had been slated for sale to Transocean Inc., but the Houston company decided not to purchase the units. (Source: Monsters and Critics.com)
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MN 100: Tidewater Inc.

601 Poydras Street, Suite 1500 New Orleans, Louisiana 70130 Telephone: 504 568 1010 E-mail: corth@tdw.com Website: www.tdw.com Chairman and CEO: Jeff Platt Number of employees: 8,

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