BRAZILIAN newcomer Bambu Servicos de Petroleo & Gas has taken over the management of two Schahin Oil & Gas semi-submersible rigs that were operating for Petrobras on long-term charters until their contracts with the oil giant were rescinded in May.

According to sources, Bambu has assumed the operatorship of the semisubs Amazonia and Pantanal.

ICBC Financial Leasing, a part of Industrial & Commercial Bank of China, struck a deal worth $1.08