Shell chops rig rates with crew cuts

Anglo-Dutch supermajor Shell has managed to trim its operated drilling costs on two drillships in the Gulf of Mexico by reducing the number of workers on the rigs.

Dayrate cut: drillship Deepwater Proteus
Dayrate cut: drillship Deepwater Proteus
Published 22 July 2016, 01:32Updated 25 October 2016, 15:16