GSS plans $215m rig spend

Norwegian seismic company Global Geo Services (GGS) said today it will spend $215 million on three new tender barge rigs, adding it plans to pay for the move via a mix of new equity and debt.

Rig purchase: a barge rig, similar to the three targeted by GGS
Rig purchase: a barge rig, similar to the three targeted by GGS
Published 13 August 2007, 07:57Updated 7 October 2016, 07:37