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Awilco Now A Driller With No Rigs As WilHunter Heads For Scrapyard

UK offshore drilling contractor Awilco Drilling has revealed that it concluded the sale of its only remaining drilling rig.

APICORP, NBF sign a $108m debt finance facility with Hartree Maritime Partners

The Arab Petroleum Investments Corporation (APICORP) and the National Bank of Fujairah (NBF) have signed a five-year $108 million debt finance facility with Hartree Maritime Partners (HMP). The facility is to be used to finance HMP’s purchase of two eco-friendly large crude carriers that are built by South Korean Daewoo Shipbuilding and Marine Engineering, APICORP said in a

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