Some of the 30-plus deepwater rigs that were in the Gulf of Mexico have moved to other markets, first because of a U.S. halt called last May after BP Plc’s (BP.L: Quote) well blowout, and then because of the lack of permits once the moratorium was lifted.
Where are they headed?
- Egypt (!)
- Angola (and scheduled to return to the US in October, maybe)
- French Guiana
Ready for higher energy prices?