Rigs and Vessels

Odebrecht drilling arm reborn with bondholders at the wheel and $197 million in the bank

Deal will see AIG Asset Management, Contrarian Capital Management, Moneda and Allianz take control of the company

Restructuring: the Ocyan drillship Norbe IX will be part of a new company called DrillCo.
Restructuring: the Ocyan drillship Norbe IX will be part of a new company called DrillCo.Photo: OCYAN
Rio de Janeiro
BrazilOcyanAmericasSouth America
Published 3 April 2023, 15:35Updated 5 April 2023, 13:59