Infill Thinking Lifting the O&G knowledge curve
Offshore drilling contractors have been signing deals with shipyards to delay taking rig delivery for several years now. With no visibility on work, it’s better to leave rigs on the docks where they took shape than to store them somewhere harsher.
This morning Atwood announced a delay deal on a pair of newbuild drillships that takes it to the next level. We break down a unique part of the deal that may very well be an industry first (it certainly is new in the downturn).
There’s a lot more to this story…
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