Finance

‘Musical chairs’: Deep-water drilling duo see tightening rig market amid industry recovery

Stability in Brent crude futures viewed as ‘highly constructive’ for offshore project demand globally

Hot market: the Transocean drillship Deepwater Asgard has secured a contract for an undisclosed operator for work in the US Gulf of Mexico set to begin in January
Hot market: the Transocean drillship Deepwater Asgard has secured a contract for an undisclosed operator for work in the US Gulf of Mexico set to begin in JanuaryPhoto: TRANSOCEAN
Houston
TransoceanJeremy ThigpenAnton DibowitzUSAValaris
Published 3 November 2021, 01:00Updated 3 November 2021, 12:59