OVERSEAS EXPANSION REQUIRES CAREFUL ANALYSIS FOR CONTRACTORS

C.Russell Luigs Global Marine Inc. Houston For many operators, the lure of better prospects overseas often balances the political and economic risk of conducting business in foreign, and sometimes volatile, nations. With new destinations successfully charted, the offshore drilling contractor, like the rest of the energy industry, will regretfully continue leaving the U. S. The pace of international growth may likely spur a slight comeback for the beleaguered offshore drilling industry.

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