Drilling company Transocean, and the downturn in the oil market, resulted in a major loss for Norwegian billionaire and investor Frederik Mohn's investment company Perestroika last year.
The loss amounted to NOK 3.3 billion, writes Norwegian media E24, not least due to a large write-down related to Mohn's investment in Transocean, which, like its competitors, was hit hard by the collapse in oil prices in the spring of 2020.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.