Keppel and Sembcorp settle with Sete Brasil over rigs
The settlements call for the resale of two rigs each placed with Keppel O&M and Sembcorp Marine to Magni Partners. The two yard groups will take over the remaining rigs originally built for Sete Brasil
Keppel O&M and Sembmarine now stand to move on from a protracted overhang clouding their orderbooks since Sete Brasil turned insolvent more than three years ago
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