Hope Floats For Offshore Oil Drillers

The merger of Ensco and Rowan makes sense, but the rally in their shares so far this year is premature because there is no sign of improving rates for their rigs this year or next, despite higher crude prices.

Topics:  ensco   rowan   year   
BING NEWS:
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    In the second part of the Offshore Engineer’s interview with offshore energy expert Philip Lewis, Director of Research, ...
    12/22/2024 - 11:40 pm | View Link
  • Ports, Lands Commission Get Behind California Floating Offshore Wind
    The California State Lands Commission and the ports of Long Beach and Humboldt have formed an agreement to advance floating offshore wind energy development off the California coast through a ...
    12/20/2024 - 4:07 am | View Link
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