It’s fair to say that the blow out preventer (BOP) business model is being re-shaped as we write. 10 months ago, GE and Diamond introduced a new BOP arrangement to the marketplace – one that transfers up-time responsibility to the OEM. This week, the largest BOP supplier moved to implement a similar business model. And the new arrangement between Schlumberger (via Cameron) and Transocean contains a critical difference that could result in more widespread adoption of the new concept. We unveil the difference and discuss deal strategy and implications.
There’s a lot more to this story…
Login to see the full update…
To read this update and receive our research newsletters, you must be a member. If you are new to Infill Thinking, or your membership has expired, please email us to discuss our current subscription options at [email protected]. (Current members login here.)
Members get:
- Exclusive research update newsletters
- High-caliber, data-driven analysis and boots-on-the-ground commentary
- New angles on stories you’ll only find here
- No advertisements, no noise, no clutter
- Quality coverage, not quantity that wastes your time
- Downloadable data for analysts
Contact us to learn about signing up! [email protected]