ADES picks up Icon Caren for $85 million

  • By Rig Lynx
  • Aug 31, 2022
  • Category : Archives
  • Views :  

Icon Offshore Bhd is proposing to sell Perisai Pacific 101, a jack-up drilling rig, for US$85mil (RM381.65mil).

In a filing with Bursa Malaysia, the company said Icon Caren (L) Inc had entered into a sale and purchase agreement with ADES Arabia Holding “or any of its assignee” for the sell of Perisai Pacific 101.

Icon Caren (L) is a wholly-owned subsidiary of Icon Fleet Sdn Bhd, which in turn is a wholly-owned subsidiary of Icon Offshore.  

Source: Star

Join our mailing list here