Seadrill buys Mermaid Maritime; takes full control of Asia Offshore Drilling

Fredriksen_J

Seadrill has agreed to acquire Thailand’s Mermaid Maritime to take full control of Asia Offshore Drilling.

Seadrill will acquire a 33.76% stake at the price of $31 million.

Following completion of the deal, Seadrill subsidiary Seadrill Rig Holding Company Limited will hold 100% of the shares in Asia Offshore Drilling.

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