Strategies of market leaders with cold-stacked tonnage could signal the recovery of the deepwater drilling sector. The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by MSI. Read more at Splash247.com
Operators ‘wait and see’ as floater reactivation economics passes the tipping point
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