Shipowner takes stake in drilling contractor to help fund rigs’ purchase from Seadrill

Edrill acquiring three tender-assist drilling rigs from Seadrill

Farm-in: Energy Drilling chief executive Marcus Chew (left) with Pioneer Logistics chairman Andrew Xue after signing the Shares Subscription Agreement.
Farm-in: Energy Drilling chief executive Marcus Chew (left) with Pioneer Logistics chairman Andrew Xue after signing the Shares Subscription Agreement.Photo: Edrill
Published 22 June 2023, 09:02Updated 22 June 2023, 09:02