BW Offshore

BW Offshore: The Oslo-listed firm, world’s 2nd largest FPSO Operators, said it will push its dual listing on SGX from 1H11 to 2H11. At a presentation to investors in SG, BW Offshore officials said Co. was not in a hurry to raise cash and may wait out the volatile market conditions. Add that Co. will, however, go ahead with due diligence for the dual listing. Note that Co. aims to to create two equal markets in its dual listing, with good liquidity.