MARKETS

Offshore market bottoming

A NEW report from Evercore indicates the offshore rig market has or will bottom before reviving later this year, even as new figures reveal Russia has stopped reducing production to meet its commitments to OPEC.

Offshore market bottoming

Evercore says its report, which focuses on trends in contracting activity and day rates, fleet operations and near-term contract coverage represents a "key inflection point" for offshore drilling.  ...

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