NE - Here's What Transocean's New Contract Says About Dayrates
This September has become a "drillship dayrate forecast" month here on SA with my articles on the topic, "Will Drillship Rates Rise Rapidly?" and "Will Drillship Rates Rise Rapidly? Part 2" provoking lively discussion. Now, we have just received a very interesting and important data point which gives us an ability to peek at what future dayrates for drillships may look like, as well as why you should always take market commentary from drillers with some grain of salt. Without further ado, let's begin!
Petrobras 10000
Transocean (RIG) has just announced