Magni is closing in on deal to buy stranded rigs

Company plans to build up ultra-deepwater drilling fleet by starting with acquisition of four unfinished units from beleaguered Sete Brasil

Halted: work on the semisub Urca - seen on the right at the Brasfels shipyard - stopped as a fall-out from the 'Car Wash' investigation in Brazil
Halted: work on the semisub Urca - seen on the right at the Brasfels shipyard - stopped as a fall-out from the 'Car Wash' investigation in BrazilPhoto: PETROBRAS
Published 11 September 2019, 15:39Updated 13 September 2019, 02:58