TITLE

Market downturn slows rig construction to a crawl

AUTHOR(S)
Smith, Justin
PUB. DATE
July 2016
SOURCE
Offshore;Jul2016, Vol. 76 Issue 7, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
116803137

 

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