TITLE

Oil price pressures risk discord in drilling sector

AUTHOR(S)
McGladdery, Joe
PUB. DATE
February 2016
SOURCE
Offshore;Feb2016, Vol. 76 Issue 2, p68
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the risk of oil price pressures in the drilling sector, focusing on the report "The Worst Is Yet to Come for Offshore Drillers," by Moody's Investors Services warning that the offshore drilling sector will remain under pressure through 2017. Risks include default under the construction contract, increased discord between parties, and potential project cancellations.
ACCESSION #
113009467

 

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