Rig players in merger talks as oil price slump hammers offshore drilling

Diamond Offshore Drilling and Pacific Drilling exploring potential combination as Covid-19 and oil price woe bite drilling sector

Asset: Pacific Drilling plans to smart stack its drillship Pacific Sharav after it completes a contract with Chevron in the US Gulf
Asset: Pacific Drilling plans to smart stack its drillship Pacific Sharav after it completes a contract with Chevron in the US GulfPhoto: PACIFIC DRILLING
Published 2 July 2020, 09:33Updated 3 July 2020, 06:11