Home With Contracts Canceled and Debts Mounting, Offshore Oil Drillers Face Another Shakeout
 

Keywords :   


With Contracts Canceled and Debts Mounting, Offshore Oil Drillers Face Another Shakeout

2020-06-24 16:07:00| OGI

The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four years amid a historic drop in energy prices that likely will leave surviving drillers more closely tied to big oil firms.

Tags: face oil contracts mounting

Category:Industrial Goods and Services

Latest from this category

All news

05.01Personnel Change
31.12Notice Regarding Completion of Making Daido Kogyo Co., Ltd. a Wholly Owned SubsidiaryThrough a Simplified Share Exchange
Industrial Goods and Services »
08.01Trump calls for US military spending to rise more than 50% to $1.5tn
08.01Inside the sub-zero lair of the world's most powerful computer
08.01How tariff disruption will continue reshaping the global economy in 2026
08.01Unions accuse McDonald's of 'repeated harassment against mostly teenage staff
08.01Labour's workers' rights concessions to save businesses billions, assessment shows
08.01IWF finds sexual imagery of children which 'appears to have been' made by Grok
07.01Trump backs ban on institutional investor home purchases
07.01Trump backs ban on institutional investor home purchases
More »