Page 23: of Marine Technology Magazine (April 2017)

Offshore Energy Annual

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Start-up Spirit New Rig Company

Near Oslo, a handful of offshore startups entered the fray New rig entity Borr Drilling — formed by Tor Olav Troim, just as the still-painful downturn was at its gloomiest. Part of a former business associate of ship and rig mogul, billionaire an incubating program called Techmakers, these startups are John Fredriksen — is extra bullish on Onshore. Borr will pay being carefully watched by operators Statoil and Lundin as $1.35 billion to buy Transocean’s 15 jack-up rigs, including well as supplier-contractors Aker, Kongsberg, TechnipFMC associated debt,

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Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.