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    DOF and Solstad end JVs in Brazil and Singapore

    News // October 2, 2006

    District Offshore (DOF) and Solstad Offshore in Norway have announced that they plan to dissolve their joint ventures in Brazil and in Singapore.

    Solstad Offshore will sell its shares in Norskan Offshore Ltda Brazil to DOF, and DOF will its shares in Nor Offshore Pte Ltd Singapore.

    The basis of the transactions are broker values of the vessels in question.


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