The offshore oil rig market will stay tight and expensive for years as drillers struggle to churn out new vessels to keep pace with oil companies venturing into deeper and harsher waters, a top drilling executive said.
The market will easily absorb a supply of new vessels and needs even more as...Deepsea rig market boom has years to run: Maersk oil companies venturing into deeper and harsher waters,
Sunday, 14 April 2013
Deepsea rig market boom has years to run: Maersk oil companies venturing into deeper and harsher waters,
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