NEWS ARCHIVE

Keppel takes Cameron's offshore rig business

SINGAPOREAN giant Keppel will swallow up Cameron's offshore rig business for $US100 million ($140.51 million) as the US firm is divvied up following Schlumberger's bold $20.8 billion friendly takeover of Cameron launched last week.

Anthony Barich

Keppel takes Cameron's offshore rig business

Keppel Offshore & Marine's US branch entered into a stock and asset purchase agreement with Cameron International Corporation to acquire the offshore rigs business which comprises the LETOURNEAU jack-up...

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