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

»
06.12Introducing USMEFs new chair
06.12This Week in Agribusiness, December 6, 2025
06.12This Week in Agribusiness, December 6, 2025
06.12Warm Welcome hubs an 'important' helping hand
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12FFA Chapter Tribute: Megan Wilde, Santa Maria, Calif.
06.12Failed Sarah Ferguson-backed app received 1m taxpayers' money
05.12Five takeaways from the blockbuster Netflix Warner Brothers deal
More »