New York-listed SFL Corp is upgrading one of its drilling rigs ahead of a loss-making charter in hopes of more robust earnings down the line.
The John Fredriksen-backed ship lessor said it had inked a $50m deal to fix the Hercules to ExxonMobil Canada for four and a half months in the second quarter following a dry docking in the first quarter that includes $80m-worth of work.
