This month, I decided to write the traditional monthly articles on offshore drilling fundamentals a bit earlier since the earnings season for offshore drillers begins and we’ll simply have no time to dive into contracting fundamentals at the end of the month since drillers’ financials will be in the spotlight. As usual, we’ll start with floaters and move to jack-ups in the following article.
Bassoe Offshore database and the data compiled for my past work were used to prepare this article. Fundamentals of the floater market segment are relevant for investors and traders in companies