<p>Apollo has agreed to invest $1.5bn in a new Keppel-managed fund set up to hold up to 10 legacy offshore drilling rigs. The Keppel Offshore Fund will initially acquire six operational rigs from Keppel subsidiary Rigco Holding for about S$1.2bn ($957m). Keppel is expected to receive around $478m in cash from the first phase, which &#8230;</p> </p><p><p>https://splash247.com/keppel-brings-apollo-into-legacy-rig-sell-down/</p></p>

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