RDC - Rowan Continues The Contract Award Burst
Well, if we needed any more evidence that the offshore drilling industry has finally begun to recover, we got it on Monday when shallow-water specialist Rowan Companies (RDC) announced that the Rowan Norway was awarded a two-well contract by Turkish Petroleum in the Mediterranean Sea. This comes on the heels of four contracts that were awarded last week and should provide a very strong reason for investors to be optimistic about the industry.
About The Rowan Norway
The Rowan Norway is a 2011-built Keppel FELS N-Class high-specification jack-up rig that is capable of drilling wells