who just ordered a newbuild drillship at Samsung with an option for another!
So, are the Korean yards financing 100% of all these newbuilds just to keep their yards at full operation as someone here has indicated is happening? Do they NEED this drillship work that bad? If they are so convinced of the future of the industry, why don’t they just own the ships themselves and charter them to the drilling contractors? What the HELL is going on here?