Singapore
TALKS have been ongoing between Keppel Offshore & Marine (KOM) and Oslo-listed Borr Drilling, with the yard group seeking to offload six jack-up rigs for up to US$960 million to the Norwegian offshore drilling contractor.
The Business Times understands that Borr Drilling has raised its latest offer for KOM's jack-up rigs, but it is unclear whether this matches the asking price from the yard group.
The rig-builder is said to be after an average unit price of US$150 million to US$160 million for a KFELS B Class jack-up.
Industry sources suggest the indicative price range would have capped impairments and writeoffs within an acceptable threshold to the yard group and its parent.
KOM and Borr...