Prosafe casts off turret business
"Oslo-listed floating production unit player Prosafe Production said it had agreed to sell its turret and swivel business to US equipment maker National Oilwell Varco for $165 million..."
Without the proprietary FPSO technology component PP is just an operator that has no competitive advantages. I'd estimate that the largest shareholder(~30%) BW Offshore will make a buyout offer within the next six months.
No comments:
Post a Comment