Pacific eyes new contracts, resists cold stack

High-specification drillship owner Pacific Drilling is trying to keep its fleet in a position to respond quickly to potential new contracts and resisting moves taken by its peers to cold stack idle rigs.

Resisting: Pacific Drilling CEO Chris Beckett favours 'smart stacking' rigs over cold stacking
Resisting: Pacific Drilling CEO Chris Beckett favours 'smart stacking' rigs over cold stacking
Published 9 March 2016, 22:33Updated 18 October 2016, 05:01