Ensco, the US driller, has managed to secure a new long-term charter for a jack-up drilling rig that has been idle since August 2015.
BP is said to have agreed to take the Ensco 106 (built 2005) for five years for work in Indonesia, but at an undisclosed rate.
Barclays said it assumes that the Keppel-built unit, which has been idle in Asia, is likely to have secured a rate “near cash breakeven” of around $100,000 per day.
“Overall,
