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by sundaymorningstaple » Thu, 17 May 2012 3:13 pm
KepFels will still get the contracts, but will build the rigs in their yards in the 'peens or in Texas. They will have to modify their bid prices though, without the cheap labour in the US ('peens still inexpensive though). I look for Korean rigbuilding industries to be competitive (have been already for some time).
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers