Hercules cold-stacks more rigs

Hercules Offshore has stacked four more Gulf of Mexico jack-ups as a slump in global crude prices has worsened an already slack market for rigs.

Hercules 251: Among units being cold-stacked amid industry downturn
Hercules 251: Among units being cold-stacked amid industry downturn
Published 22 January 2015, 23:03Updated 17 October 2016, 13:13