Deepwater Drilling’s Delayed Rebound and the Future of Offshore Energy
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Deepwater Drilling’s Delayed Rebound and the Future of Offshore Energy

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A couple of years ago the offshore drilling-OSD, industry appeared to be on the cusp of a significant rebound. Shares of the big drilling contractors reached post-Covid highs as day rates for high spec, 7th Generation drill ships crested $450K. Positive cash flow began to accrue…
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