Semisub demand 'drops 28%'

Rig demand is set for a 15% drop this year amid continued dire market conditions, but the picture is not quite as bleak for 2017, according to one large broking shop.

Scrapped: Clarksons says Transocean has sent the semisub Sedco 704 to the breaker's yard
Scrapped: Clarksons says Transocean has sent the semisub Sedco 704 to the breaker's yard
Published 18 October 2016, 12:26Updated 25 October 2016, 15:01