Patrick Flaherty's blog

Notes about state-owned enterprises, sovereign wealth funds and other aspects of state capitalism.

Temasek moves into listed oil & gas companies

The latest 13F filling for Temasek Holdings has showed a few new investments into the oil & gas sector. The new stakes include Cameron International CorpMcDermott International,  Halliburton and most interestingly Transocean‎, the company that was involved with the doomed Deepwater Horizon rig. Temasek must have picked these shares up right before or right after the explosion since the form covers between April 1 to June 30 of this year. 

Temasek also sold about 700K of shares from Yahoo! and bye bye DryShips.
 
Edit: Temasek already held 160K of shares in McDermott in their last quarterly filling. They did double their stake. 

Patrick Flaherty a freelance researcher on sovereign wealth funds, state-owned companies and state capitalism. His email address is flahertypj@gmail.com and at @thatpolicyguy

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