Watch: This Is Why Biden’s $2 Trillion Infrastructure Plan Will Fail
In the United States, we have a problem that’s so BIG and obvious that even Elon Musk can’t see it. Our highways are broken, our streets are clogged with traffic,...
Deepwater drilling contractor Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced that its semi-submersible rig, the Eirik Raude, was chosen by an undisclosed oil major for a one-well drilling campaign off the coast of Ireland.
The contract, worth upwards of $112 million, will commence in Q2 2013 and will last for approximately 6 months.
The Eirik Raude is currently wrapping up a drilling campaign in Blocks 8 & 9 off Liberia for African Petroleum.
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