Suvarna Garge (Editor)

Sinvest

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Type
  
Public

Revenue
  
NOK 175 million (2005)

Net income
  
NOK -95 million (2005)

Headquarters
  
Kristiansand, Norway

Parent organization
  
Aban Singapore Pte. Ltd.

Industry
  
Drilling

Operating income
  
NOK 160 million (2005)

Website
  
www.sinvest.no

Founded
  
2001

Subsidiaries
  
Deep Drilling 3 Pte. Ltd., Beta Drilling AS

Sinvest (OSE: SIN) is a Norwegian oil drilling investment company, with headquarters in Kristiansand. The company is a long-term financial and strategic investor in oil resources and offshore companies and has been listed on the Oslo Stock Exchange since 2001.

Major investments include the subsidiary Deep Drilling Invest that has eight drilling rigs under construction and Beta Drilling that operates one rig. In addition Sinvest has a partial ownership of Petrojack (20%), Premium Drilling (with Awilco Offshore) and Venture Drilling (50%).

References

Sinvest Wikipedia