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Offshore North America DVB

Drilling rig owners in a hole as contracts dry up

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A DECLINE in exploration activity has pushed offshore drilling rig fleet utilisation down to its lowest level since October 2000, leading to rig owners laying up their semi-submersibles and jack-ups.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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