Month: March 2019

Diamond Offshore sees drillship rents almost doubling next year

(Bloomberg) — Diamond Offshore Drilling Inc. said it’s nearly doubling rental rates for deepwater drillships as oil explorers return to sea. The increase involves long-term rig leases beginning in 2020 and beyond, CEO Marc Edwards said Wednesday in an interview on Bloomberg TV. The proliferation of onshore shale drilling in the past decade shattered the deepwater drilling industry

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