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re: Anyone buying RIG?

Posted on 2/25/15 at 2:26 pm to
Posted by cave canem
pullarius dominus
Member since Oct 2012
12186 posts
Posted on 2/25/15 at 2:26 pm to
We shall see how it turns out for Transocean. Looks like you are more optimistic than anyone I have met, you could be right.


Posted by offshoretrash
Farmerville, La
Member since Aug 2008
10270 posts
Posted on 2/25/15 at 10:17 pm to
quote:

Looks like you are more optimistic than anyone I have met, you could be right.


I'm not gonna lie, I am worried about the market and it could be a while before things pick back up. My salary has been cut 50k a year. Lucky the company I work for is in pretty good shape with only one rig idol. We just signed 3 year extensions on 2 drillships in Brazil and an 800K a day contract for one of our floaters.

Petrobras is on very thin ice but if they go under Brazil goes under. I'm not sure how all this is gonna unfold.
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