Chief executive Marcus Chew said he is prepared to order a fourth rig once charter agreements for his two newbuilds, Edrill-2 and Edrill-3, are in place.

The company’s first unit, Edrill-1, built by Cosco Guangdong, was delivered in April this year and was recently chartered by PTTEP for its first job at the Bongkot field in the Gulf of Thailand, starting in October.

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