Drilling company Maersk Drilling ought to merge with competitors Odfjell Drilling and Northern Ocean to bolster itself against competitors, concludes Danske Bank in a new analysis on the drilling rig market.
As such, the major bank sets the stage for a large-scale merger in the otherwise strained sector between companies that all have well-known Nordic shipping families such as Mærsk, Fredriksen and Odfjell as major stakeholder.
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