John Fredriksen has chipped in $65m to a wider equity raise by offshore company Northern Drilling.
The contribution came as the Oslo Axess-listed firm raised $250m for expansion and other corporate purposes.
Pareto Securities, Fearnley Securities, Carnegie and Nordea Bank were all on the card for the fundraiser.
Northern Drilling was crated earlier this year as Fredriksen’s vehicle to hunt distressed assets in the drilling market.
