USD 526.5 million EKF credit to Brazilian Petrobras will hopefully induce the oil giant to use Danish subcontractors in its futher ventures. In that way, the company won't have to worry about financing, writes Børsen. The credit marks the single largest guarantee issued to a single entity by EKF.
But EKF was not the one to spot the potential of Petrobras, says CEO of EKF, Anette Eberhard, to Børsen, rather, that would be the Danish companies. The state-owned oil company plans to invest USD 224 million globally from 2011 to 2015, and Danish companies have already gotten a piece of the pie, with orders for a total of USD 2.1 billion from the company so far.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
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.