ONGC's JackUp rig tender-I: Will the day rate go low or high?
Nov 12:
ONGC's Jack-Up rig tender -- currently the largest in the world -- has thrown up all kinds of possibilities. 8The rig day rate can either go below the current low of $26,000 or go much higher, depending upon the strategies adopted by various bidders 8The pricing dynamics -- and the fact that they can go in any direction -- are giving many bidders sleepless nights Click on Reports for more