Category - Projects

“China’s Unwanted Rigs” Who is going buy, reactivate and at what cost?

“China’s Unwanted Rigs” Who is going buy, reactivate and at what cost?” From 2008 to 2014, Chinese shipyards had thought they had conquered the world rig building industry by giving free finance with 5% down payment and nothing more to pay until delivery. At that time, it seemed too good to be true. Fast forward […]

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