NaveenS's  Instablog

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Product Manager - Derrick Petroleum Services. Working in Oil & Gas Industry for 5+ years. Contributed significantly for Database development for Upstream transactions ( Initially worked as a 'Research Analyst' at Reuters. LinkedIn Profile:... More
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Derrick Petroleum Services
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  • NorSea Acquires Moller-Maersk's Danish OFS Unit Danbor 0 comments
    Apr 2, 2014 8:43 AM

    Norway-based NorSea has entered into an agreement with Møller-Maersk to acquire its Danish OFS unit Danbor, for an undisclosed sum. Danbor is the largest service provider in the Danish part of the North Sea. The company is based in Esbjerg but also has a presence in Aberdeen and, though a JV, in Greenland.

    Danbor mainly offers services to Maersk Oil and Dansk Undergrund Consortium on the Danish Continental Shelf.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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