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Offshore News
Offshore News blog posts all the latest news on the Offshore Banking world, including Offshore Finance, Offshore Credit Cards, Offshore Merchant Accounts, Companies and Investments.
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PartyGaming Sues Former Owner of Empire Online Over 2006 Sale (Bloomberg) Jan. 5 (Bloomberg) -- PartyGaming Plc, the owner of the PartyPoker.com brand, sued investment company Livermore Investments Group Ltd. over the 2006 purchase of Livermore’s Internet gambling business.
UPDATE 1-Nigeria's Oando buys stake in Akepo offshore field (The Forex Market) LAGOS, Jan 5 (Reuters) - Nigerian energy firm Oando Plc said on Monday it had acquired a stake in the Akepo offshore oilfield as it diversifies from fuel distribution and retail into oil refining and production.
MTQ targets Gulf market with$20m investment in Bahrain (AME Info) MTQ Corporation Limited Group (MTQ), a leading engineering services company listed on the Singapore Stock Exchange, today announced it had obtained approval in principle from the Ministry of Industry & Commerce of the Kingdom of Bahrain to provide specialist engineering services and components for the oil and gas industry in Bahrain and the Gulf states.
Singapore firm to build $20m plant in Bahrain (Gulf Daily News) MANAMA: Singapore-based MTQ Corporation is planning to construct a state-of-the-art $20 million facility at the Bahrain International Investment Park (BIIP) in Hidd. This new facility at the BIIP will support the engineering services company's existing GCC customers and also enable it to develop new customers in the region.
When rigs are rented for $650,000 a day, drilling firm good bet (The Beacon News) D ear Mr. Berko: Which deepwater oil drilling company would you own? All of them are down significantly from their highs, but I just can't seem to make up my mind. One broker recommended Pride International Inc., another recommended Noble Corp. and Diamond Offshore Drilling Inc., but none appeal to me. I have $14,000 to invest, proceeds from the sale of Yahoo!, and I want aggressive growth. I ...
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