Carnegie acted as financial adviser in the new share issue of USD 215 million in Frigstad (21.5 million shares). Frigstad Offshore has conducted rig operations in South America, Asia and the Middle East since 1989. As an offshore drilling contractor, the company has grown steadily, and is today fully developed in all aspects of operating offshore oil drilling rigs.March, 2006.
Oil Services
Directed new share issue in Frigstad Offshore (SG) — USD 215 million
March 2006