Maersk Drilling to Buy Seven New Rigs by 2017
The drilling unit of A.P. Moller-Maersk plans to place the first order within the second half of 2013 as part of its campaign to double its fleet to 30 over the next five years, says a Reuters report by Randy Fabi.
"We are pursuing this plan despite the world economic situation. So far, we haven't found a reason to change," Claus Hemmingsen said during a visit to the company's office in Singapore.
Oil production is moving deeper offshore with untapped reserves found further and further from the coasts of the United States, West Africa, Brazil and Asia, keeping demand strong for rigs owned by Maersk Drilling, Transocean and others.