Norwegian drilling duo on course to raise $1bn as oil rises

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Norwegian drilling duo on course to raise $1bn as oil rises

Investors look set to give two thumbs up to the Nordic oil services industry this week with an oversubscribed $425m pre-IPO private placement for Seadrill spinoff North Atlantic Drilling (NAD) and an expected successful conclusion to the Nkr3.6bn ($619.2m) IPO of Aker Drilling.

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