Maersk Drilling CEO sees need to scrap upwards of 50 floating rigs
The drilling market is showing signs of a "impending recovery", but rigs will have to be demolished for the market to gain balance, says Maersk Drilling CEO Jørn Madsen in an interview with EnergyWatch's sister media ShippingWatch.
by SØREN PICO, shippingwatch, translated by l. n. barnes
The drilling industry is finally undertaking a major clean-up of rigs, but more efforts are needed to create better conditions for a market that has been in crisis for years, assesses Maersk Drilling CEO Jørn Madsen in an interview with ShippingWatch.
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