about 20 years ago
The market for offshore rigs is “going to be particularly strong past … 2011,” Transocean Inc. (RIG) chief executive Bob Long said Thursday. Deepwater exploration projects around the world should soak up all new rigs entering the market, including “speculative” rigs built without a pre-arranged agre
The market for offshore rigs is “going to be particularly strong past … 2011,” Transocean Inc. (RIG) chief executive Bob Long said Thursday.
Deepwater exploration projects around the world should soak up all new rigs entering the market, including “speculative” rigs built without a pre-arranged agreement to drill, Long said in a conference call with analysts.
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