Competition is forcing rig companies to scrap
![Photo: Jonathan Bachman / AP / Equinor/AP Images](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11596979.ece/ALTERNATES/schema-16_9/doc76yy35cdt5hahgqna6c.jpg)
Rig operator Transocean scraps three drilling rigs that have been idle for three years, and this will not be the last time a rig company will have to scrap in the time to come.
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