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Drilling company prepared to buy several rigs from Fredriksen's Seadrill

Dolphin Drilling is ready to buy up to eight drilling rigs from John Fredriksen's Seadrill, reports Finansavisen. The crisis-stricken rig company recently filed for Chapter 11 in the US.

Photo: PR/Seadrill

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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