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Cold, Flu or Covid?

As the days get shorter and the weather gets colder, the signs are all there that we’re heading into winter, whilst also facing a spiralling pandemic.

Oil & Gas

Ocean Rig could cold stack two rigs after contracts end

Ocean Rig said two rigs from its fleet will be coming out of employment soon with no immediate job opportunities on the horizon. The company said the semi-submersible Eirik Raude will finish up in the Falkland Islands in January while semi-submersible Levi Eiriksson will have completed work in Norway by March 2016. Ocean Rig said the current intention is for both to be cold stacked while disposing of or scrapping the rig is put under consideration.