mobile offshore drilling unit
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The heated global floating rig market has day rates for high-end units climbing over a half million dollars and toward a newbuild cycle that will (likely) never come.
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Offshore driller has almost a half billion in cash and a contract backlog of $2.2 billion.
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ABS granted Approval in Principle to new designs for a floating production storage and offloading hull, a self-elevating unit for a mobile offshore drilling unit, and a tension-leg platform.
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How do mooring systems reduce risks of hurricane damage to mobile offshore drilling units?