Malaysia’s Sapura Energy claims Seadrill’s entry into bankruptcy protection for a number of its Asian units will have no impact on its Brazilian joint venture with the rig giant.

In response to media reports, Sapura clarified on Tuesday that Seadrill’s filing for voluntary Chapter 11 bankruptcy protection in the US for its Asian units had no impact on the pair’s joint venture business in Brazil, Sapura Navegacao Maritima (SNM).

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