about 20 years ago
Teekay Shipping Corp., an operator of crude oil tankers, on Friday said one of its subsidiaries bought a 40 percent stake in Norwegian oil services provider Petrojarl ASA. Financial terms were not disclosed. Under Norwegian law Bahamas-based Teekay must bid for the remainder of the company in the ne
Teekay Shipping Corp., an operator of crude oil tankers, on Friday said one of its subsidiaries bought a 40 percent stake in Norwegian oil services provider Petrojarl ASA.
Financial terms were not disclosed. Under Norwegian law Bahamas-based Teekay must bid for the remainder of the company in the next four weeks
Petrojarl owns and operates four Floating Production Storage and Offloading units in the North Sea.
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