Varia Perdana, a joint venture between Smedvig and Crest Petroleum, has entered into agreements to acquire two tender rigs, T-9 and Teknik Berkat at a cost of US$ 95 million. Smedvig has a 49% ownership share in Varia Perdana, which owns the tender rigs T-2, T-3 and T-6. According to a Smedvig statement, T-9 is…

This article is for Subscriber members only.
Log In Register