Page 29: of Maritime Reporter Magazine (April 2016)
The Offshore Annual
Much of the $5 billion drilling backlog of medium-water rig player, Songa Offshore, comes from the giant Norwegian discovery Johan Sverdrup. To secure Songa’s remaining mid- water drilling business and its ? nal two special Cat D new- build rigs, the company will issue a $100 million convertible bond.
Songa Offshore CEO
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