Monday, April 25, 2016
Cerrado Sertão drillship
Maritime News

Ocean Rig Pays Just $65 Million for Ultra Deepwater Drillship at Auction

In what could be considered the deal of the century, international offshore drilling contractor Ocean Rig has purchased an advanced ultra deepwater drillship at auction for just $65 million in...

April 25, 2016
Total Views: 19

Saturday, April 18, 2015
vitoria 10000 drillship
finance

Offshore Drilling Contractor Schahin Seeking Bankruptcy Protection

Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a corruption probe and a rout in oil prices limit access to funding.

April 18, 2015
Total Views: 7

Monday, July 21, 2014
ss pantanal semi-submersible rig
finance

ICBC Invests $1.08 Billion in Brazilian Rig Lease

ICBC Financial Leading Company Ltd, an arm of the world’s largest bank, last week signed a $1.08 billion deal with Brazilian industrial conglomerate Schahin, for the leasing of two of the company’s semi-submersible drilling rigs, SS Pantanal and SS...

July 21, 2014
Total Views: 13