Unease in the North Sea market is focused on Statoil’s drilling plans, with some owners fearing that another rig could either be put into layup or ejected from the oil company’s fleet.
Norwegian state-owned Statoil caused a stir among some owners of offshore support vessels (OSVs) after deciding to “suspend its contract” on Italian engineering giant Saipem’s semi-submersible rig Scarabeo 5 (built 1990).
According
