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

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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.

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