May 25 (Bloomberg) -- Gulf Petroleum Investment S.A.K.C., or PetroGulf, the Kuwait-based provider of technical services to the oil and gas industry, agreed to buy an offshore oil-drilling rig for $170 million.
PetroGulf agreed to purchase a Nordic rig from U.S. offshore drilling contractor Transocean Inc., the Kuwaiti firm said in a filing to the Kuwait Stock Exchange today.
Sunday, May 25, 2008
Transocean Sells Another Ultra-Shallow Asset
PetroGulf of Kuwait Buys Transocean Nordic Rig for $170 Million