Odfjell Drilling has agreed to purchase the drilling unit Stena MidMax (to be renamed Deepsea Nordkapp) from Samsung Heavy Industries for USD 505 million.
Aker BP has awarded Odfjell Drilling a 2-year firm drilling contract with optional periods, valued at a minimum of USD 245 million, for the Deepsea Nordkapp rig.
Nabors Industries signed an arrangement agreement to acquire all outstanding shares of Tesco Corporation, with each Tesco share exchanged for 0.68 Nabors shares. The deal values Tesco at $4.62 per share and is expected to close in the fourth quarter of 2017.
Aker BP ASA awarded a contract to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for approximately 9 months, starting February 2018, with a contract value up to USD 68 million.