Market downturn slows rig construction to a crawl

Smith, Justin
July 2016
Offshore;Jul2016, Vol. 76 Issue 7, p34
Trade Publication
The article discusses the price changes and oversupply of offshore rig construction sectors. It mentions several petroleum companies with the highest number of rigs that are under construction including Transocean Ltd., Seadrill, and Dolphin Drilling. The article also discusses the anticipated delay and cancellation of rig construction by global information company IHS.


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