China has a large surplus of rigs and OSVs that was built but never delivered due to late cancellations.
Now they MAY have found a market for a few of them:
Here is another conversion. (Although NOT a drilling rig):
China has a large surplus of rigs and OSVs that was built but never delivered due to late cancellations.
Now they MAY have found a market for a few of them:
Here is another conversion. (Although NOT a drilling rig):