You are here

PREMIUM
BT EXCLUSIVE

Keppel O&M seeks to offload six jack-ups for up to US$960m

Talks with Borr Drilling continuing; consultants say Keppel also has other options like lease now and sell later or help arrange financing for buyers

BP_keppel_190118_1.jpg
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.

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes