Exxon Tries to Put the Worst Behind it With $20 Billion Writedown
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to $20 billion,...
Originally ordered in November 2010, the STX OSV Langstan-built Far Scotsman (STX PSV08 CD) was delivered today to Farstad Shipping Limited and is slated to trade the spot market in the North Sea.
Eksportkreditt Norge AS has financed the vessel in cooperation with DNB Bank ASA, GIEK and SpareBank 1 SMN.
Farstad Shipping’s fleet currently consists of 54 vessels (29 AHTS, 22 PSV and 3 SUBSEA) and 7 PSV and 4 AHTS under construction. The company’s operations are managed from Aalesund, Aberdeen, Melbourne, Perth, Singapore, MacaÃ© and Rio de Janeiro with a total of 2000 employees engaged onshore and offshore. The company maintains a long-term charter profile for the fleet.
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