Drillers face unprecedented rig backlog
Contracted drilling rig backlog grows to $34.5 billion in tight world market
For Petroleum News
Five of the leading offshore drilling companies in the world have accumulated a hefty $34.5 billion in contracted rig backlog, according to information compiled by the largest offshore driller of them all, Transocean.
“This is unprecedented in the offshore drilling business,” Transocean spokesman Gu....
[additional news subjects in this story]
Demand fueled by prices
$3 billion backlog for 2006
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 05/14/2015)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.