Tor Olav Trøim, who in 2005 founded drilling company Seadrill together with another big-time Norwegian shipping investor, John "Big Wolf" Fredriksen, now looks ready to return to the drilling market.
With his company Magni Drilling, he has bought two jack-up rigs from US-based Hercules Offshore for a total USD 130 million, writes Norwegian media finansavisen.no.
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