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Home›Green Marine›China Oil Rig Maker Seeks Oslo, Singapore Listing
Green Marine

May 24, 2006 · about 20 years ago

China Oil Rig Maker Seeks Oslo, Singapore Listing

China’s top deepwater offshore oil rig maker Yantai Raffles Shipyard Co. Ltd. plans to seek a mainboard listing on the Oslo or Singapore stock exchange in 2007, its CEO said on Wednesday. He also said that Yantai — which is headquartered in Singapore and which listed on Norway’s over-the-counter boa

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China’s top deepwater offshore oil rig maker Yantai Raffles Shipyard Co. Ltd. plans to seek a mainboard listing on the Oslo or Singapore stock exchange in 2007, its CEO said on Wednesday. He also said that Yantai — which is headquartered in Singapore and which listed on Norway’s over-the-counter board earlier this month — has an order book of $800 million to build new offshore oil rigs and specialised ships for the offshore oil industry.

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