Aker Maritime Sale Plans Halted

Monday, November 01, 1999
Aker RGI has halted plans to sell offshore supply company Aker Maritime ASA, of which it holds 63 percent, according to company officials. The talks relating to a possible sale have ended, officials said, adding that the parent company is working on a strategy to both improve operations and find a good industrial solution, which could include moving into oil and gas production on the Norwegian continental shelf (NCS).

Offshore

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

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US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

 
 
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