NE - Will Drillship Rates Rise Rapidly? Part 2
This article should be viewed as an update on my previous work, "Will Drillship Rates Rise Rapidly?"
Recently, there was plenty of news to digest on the offshore drilling front. Seadrill Partners (SDLP) (here), Seadrill (SDRL) (here) and Transocean (RIG) (here) got contracts for their harsh-environment rigs, while Noble Corp. (NE) (here) and Rowan (RDC) (here) reported jack-up contracts. But what about the most challenged segment of the market, the drillship segment? Plenty