One of Offshore Drilling’s Few Bright Spots Set to Darken
May 14, 2014 at 10:28 AM EDT
The North Sea has been one of the few bright spots, if we can call it that, for offshore drillers this year, as dayrates have been dropping around the world as rigs come off contract. But Credit Suisse expects the region to get hit come 2015–and expose Rowan (RDC), Seadrill (SDRL), Transocean (RIG) and Diamond [...]