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Northern Ocean (OSTO:NOLO) Policy Acquisition Expense


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What is Northern Ocean Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Northern Ocean Business Description

Industry
Traded in Other Exchanges
Address
14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns two semi-submersible rigs, Deepsea Mira and Deepsea Bollsta. The company earns revenue from Drilling, Mobilization and demobilization, Contract preparation, and One-time reimbursed costs.