Upstream recently reported the Oslo-listed rig contractor was facing financing challenges on an extensive newbuild programme for six sister rigs on order at Chinese yards Dalian Shipbuilding and Shanghai Waigaoqiao Shipbuilding as part of an ambitious fleet expansion drive.
Prospector has now lined up a deal with Tabasco, a subsidiary of Compania Perforadora Mexico, for the sale of the owning company for the second unit being built at Dalian, in which it will reap net proceeds of about $60.6