NYSE:RIGEnergy Services
How Investors Are Reacting To Transocean (RIG) Norwegian Discovery and Shift Toward a Leaner Rig Fleet
Earlier this month, Equinor and partners reported a new oil and gas/condensate discovery near the Tyrihans field in the Norwegian Sea, drilled using Transocean’s Transocean Encourage rig, which has since moved on to a production well on Åsgard.
The discovery, which may be tied back to existing Tyrihans and Kristin infrastructure, underscores how high-spec rigs like Encourage can secure work on technically demanding projects with efficient development options.
We’ll now explore how...