Maersk Drilling CEO says oil rigs have probably hit bottom

2019 looks likely to be the year when the highly strained rig market hit bottom, Maersk Drilling CEO Jørn Madsen tells EnergyWatch's sister media, ShippingWatch. Now companies must convince investors that things will improve.
Photo: PR/Maersk Drilling
Photo: PR/Maersk Drilling
BY NIKLAS KRIGSLUND, ShippingWatch

Maersk Drilling's chief executive officer says it looks like the highly strained market for oil rigs hit bottom last year.

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