10 Apr 2007
Frigstad Discoverer Invest, the rig owning company founded by Frigstad Offshore in 2006, was listed on Oslo Stock Exchange on 10th of April 2007
Frigstad Discoverer Invest Limited was listed on Oslo Stock Exchange on the 10th of April 2007.
Frigstad Discoverer Invest Limited was founded by Frigstad Offshore and completed a private placement of USD 240 million in March 2006 to build "SS Frigstad Oslo", the world's most powerful semi-submersible drilling rig at Yantai Raffles Shipyard in China. "SS Frigstad Oslo" is a rig of the Frigstad D90 design developed by Frigstad Engineering Inc.
Frigstad Offshore is the project manager during construction of the unit in the yard and will operate the rig after delivery.