COLUMN | Falling knives and walking away: drilling contractors, Chinese yards, Korean cast-offs, Northern Drilling, SinoOcean and the Tiger rigs – Part One [Offshore Accounts]

Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-falling-knives-and-walking-away-drilling-contractors-chinese-yards-korean-cast-offs-northern-drilling-sinoocean-and-the-tiger-rigs-part-one-offshore-accounts/

Awilco Drilling cites breaches for terminating rig newbuilding contract with Singaporean builder

Awilco Rig 2 (AR2), a wholly owned subsidiary of Awilco Drilling, has notified Singapore-based shipbuilder Keppel FELS that it has exercised its contractual termination ..

https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-extraction-and-processing/offshore-drilling/awilco-drilling-cites-breaches-for-terminating-rig-newbuilding-contract-with-singaporean-builder/