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Vol. 11, No. 43 Week of October 22, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry

$2 billion in deepwater rig orders

Deepwater rig orders pour in on continuing strong drilling market; Ensco even building without first securing lease

Ray Tyson

For Petroleum News

Another roughly $2 billion worth of various deepwater rig deals were consummated over the past two months, reflecting the drilling market’s continuing robust health. In fact, one big offshore drilling company is so confident it ordered a new build without first securing a lease, a transaction that w....

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Devon signs second long-term contract


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