Reluctant rig owners see silver lining

Chinese yards cheer inventory drawdown of abandoned units but contract values disappoint

Charter deal: the jack-up Oriental Discovery on route to the South China Sea for a two-well campaign
Charter deal: the jack-up Oriental Discovery on route to the South China Sea for a two-well campaignPhoto: SWS
Published 4 March 2020, 14:23Updated 4 March 2020, 14:23