Teekay Acquires 50.3% of Petrojarl

Teekay Shipping Corporation has acquired, through its wholly owned subsidiary TPO Investments AS, 50.3% of the shares of Petrojarl ASA, pursuant to its mandatory bid announced on September 18, 2006. The mandatory bid to purchase the remaining Petrojarl shares for NOK 70 per share expires at 10:30 a.m. EDT on October 18, 2006.

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Regional Sales Manager
Expertise: Business Development|Sales
Location: Houston
Associate Product Manager / Product Manager Job
Expertise: Business Development|Marketing|Sales
Location: Minneapolis, MN
Direct sales OIL & GAS Measurement Solutions
Expertise: Business Development|Sales
Location: Oklahoma City, OK
search for more jobs

Brent Crude Oil : $54.94/BBL 0.88%
Light Crude Oil : $51.79/BBL 0.21%
Natural Gas : $3.65/MMBtu 6.10%
Updated in last 24 hours