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Based on the MOU, Aker Solutions will provide management service to CNOOC's deepwater floating production system and the two parties will build a long-term strategic partnership in the global deepwater floating production business.
Aker Solutions, headquartered in Norway, is a leading global provider of engineering and construction services, technology products and integrated solution.
The CNOOC Group is the parent company of CNOOC Ltd. (CEO.NYSE; 0883.HK).
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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