SONGA MERCURscrapped
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Beached
Beached at Chittagong 01.02.18
sold to Breakers
Sold to Breakers
Songa and Opus to work together
Singapore: Songa Offshore has entered into an agreement with Singapore’s Opus Offshore Group for the sale of the rigs Songa Mercur and Songa Venus and the establishment of a strategic joint venture drilling management company. Opus Offshore will acquire 100% of the rigs, which will be operated by the Songa-Opus JV. In addition to the Songa Mercur and Songa Venus, the Songa-Opus JV will operate additional assets including Opus Offshore's Tiger series of drillships currently under construction or on order with scheduled delivery between 2014 and 2017. The purchase price for the Songa Mercur and the Songa Venus is $200m. Opus Offshore will have an option to acquire Songa Offshore's 50% stake in the JV for $20m starting 30 months post inception of the Songa-Opus JV. This option will be valid for a 12-month period. Opus Offshore was founded in Singapore in 2011 to focus on mid- and deepwater drillships. It is part of the Reignwood Group.
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