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North Atlantic Drilling (NADL)

Broker's Calls

Acquisition of West Rigel rig from SembMarine-North Atlantic Drilling JV will free up much-needed capital

SINGAPORE (April 10): An acquisition of the US$568-million ($799-million) West Rigel rig by Transocean will be a huge positive given that the latter is jointly owned by Sembcorp Marine and North Atlantic Drilling (NADL) which is facing bankruptcy risk.

April 10, 2017

The Edge Publishing Pte Ltd.