Kennedy Marr has been engaged in the drilling rig sector since the firm’s inception. The primary activity has been
assisting in the sale and purchase of existing units. The rig markets have been noted for their cyclicality which
has led to the entrance and exit of many participants, considerable merger activity and
corporate restructuring. Bareboat chartering and the sale and lease back of drilling rigs have also been
Commercial services are provided to existing and aspiring rig owners and shipyards for the contracting of newbuildings. Kennedy Marr have also been involved in the conversion of non-drilling hulls into drilling rigs.