Shelf in deal for China newbuilds

Dubai-based driller to acquire up to four jack-ups in equity-funded pact with China Merchants

Gaining stake: China Merchants Heavy Industries' yard at Shenzhen Photo: Xu Yihe
Gaining stake: China Merchants Heavy Industries' yard at Shenzhen Photo: Xu Yihe
Financial
Published 21 February 2019, 08:09Updated 21 February 2019, 13:48