Port News

Eldorado outbids Saipem in drillship sale

Norwegian rig owner Deep Value Driller has agreed to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling for $300m, after a last-minute higher bid derailed a previously announced deal with Italy’s Saipem. The company had announced earlier this month that it planned to sell the 2014-built ultra-deepwater unit to Saipem for about $272.5m, …

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