Deepwater drillers making a comeback
Ray Tyson Petroleum News Houston Correspondent
Big offshore contract drillers Transocean and Diamond Offshore turned in respectable profits for the 2003 fourth quarter, but some deepwater rigs are experiencing too much idle time. Still, a light can be seen at the end of the tunnel.
“The company expects continued difficulty in its international....
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Diamond rig upgrades paying off Transocean’s Todco spun off into publicly traded company to reduce debt separately
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