It’s the final full week of September, so it’s high time to take a look at offshore drilling fundamentals. September was a very volatile month for offshore drilling companies due to major oil price movements caused by attacks on Saudi oil facilities – it is always very interesting to compare the changes in stock prices to the actual changes in the underlying fundamentals. As usual, we’ll start with floaters and the following article will focus on the jack-up market.
Just like in previous articles on this topic, I used Bassoe Offshore database and the data