Infill Thinking Lifting the O&G knowledge curve
The hardest sell in the entire O&G industry right now is without question a newbuild offshore rig order.
Demand for offshore newbuilds is actually negative. Contractors continue to push out delivery dates, in some cases paying up to avoid taking delivery. With little visibility on a recovery, shipyards are being forced to take some aggressive action to reduce capacity.
There’s a lot more to this story…
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