Popular News From Popular Sites: Denmark's Maersk Drilling CEO sees slow deepwater rig market in 2014, 2015

Wednesday, September 24, 2014

Denmark's Maersk Drilling CEO sees slow deepwater rig market in 2014, 2015

COPENHAGEN (Reuters) - Maersk Drilling Chief Executive Claus Hemmingsen talked to Reuters on the sidelines of A.P. Moller-Maersk's annual capital markets day. Maersk Drilling has focused on two areas - harsh environment rigs primarily in Norway and deepwater rigs in the Gulf of Mexico and off West Africa. ON DAY RATES FOR DEEPWATER RIGS "The deepwater market will be slow, for the rest of 2014 and in 2015. We do believe however it will come up in the mid-term and long-term. "If you go back one and a half years ago, you would say (the day rates would reach) $500,000 (304,859. ... Read More http://ift.tt/1xeZ6C0

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