Oil's biggest rigs headed to junkyard as daily losses mount
More deepwater rigs were sent for scrapping in this year's third quarter than ever before in a 90-day period, which suggests that the market might never completely recover.
BY DAVID WETHE, BLOOMBERG
Transocean Ltd. is finally sending Pathfinder to its grave, after two years in a Caribbean purgatory that cost about USD 15,000 a day.
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