Business Daily from THE HINDU group of publications Thursday, Dec 21, 2006 ePaper |
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Markets
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Stocks Our Bureau
Mumbai , Dec. 20 Great Offshore Ltd, the company born out of the de-merger of Great Eastern Shipping's offshore business, is slated to be listed on Thursday. The company is engaged in offering offshore drilling services, marine construction services and other offshore support and logistics services. The company has a fleet of 30 offshore assets, including offshore support vessels and jack-up rigs, the average age being 12.3 years, considered the youngest Indian fleet in the offshore space. It has on order three offshore supply vessels and one jack-up rig, involving an investment of over $200 million.
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