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Keppel unit selling 5 rigs to Borr Drilling for US$745m
It has signed a master agreement for the sale at an average of US$149 million per rig excluding any down payments made by the original owners
Nisha Ramchandani
Published Wed, May 16, 2018 · 09:50 PM
Singapore
KEPPEL Offshore & Marine (Keppel O&M) has sealed a deal to sell five jack-up rigs to Borr Drilling for around US$745 million.
The price, which works out to US$149 million per rig, excludes any down payments made by the original owners.
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