Fincantieri Offshore launched the Proxima drillship concept in early 2014, when a robust oil price all but guaranteed more industry investment in new technology and upgraded assets.
The subsequent downturn has put the brakes on demand for newbuild rigs. But it has not dampened Fincantieri’s enthusiasm for the Proxima design, which the company says will substantially lower costs for drilling contractors and the service providers who work with them.
