Thursday, October 15, 2009
Mo money NOW
"Transocean, the world's largest offshore drilling company, was sued by a member of the Saudi royal family who claims he was cheated of his share of multimillion-dollar contracts won using his trade secrets. Soroof International Co., a Saudi trading agency run by Prince Bander Bin Abdullah Al Saud, claims Transocean reneged on a signed 2007 agreement that would have made the prince's firm Transocean's sole agent for pursuing drilling contracts with Aramco, the Saudi Arabian national oil company." (thanks ls)