Norwegian oil and gas exploration and production service provider Fred. Olsen Energy ASA (FOE.SE) said Wednesday it has decided not to exercise the option for a second newbuild semi-submersible from Hyundai Heavy Industries Co., Ltd. (009540.SE).
-At 1343 GMT shares traded 0.2% higher at NOK253.
– Dominic Chopping, (c) 2012 Dow Jones & Company
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