Norway Mulls New Rules for Floating Rigs

摘要

Norway's Petroleum Safety Authority (PSA) is working on a new set of rules, which could have implications for floating rigs operating across the country's shelf, including potential costly upgrades at a time when earnings are already under pressure amid the downturn. The decision to implement new guidelines follows a fatal accident last December involving China Oilfield Services' semisubmersible COSL Innovator rig (IOD Apr.11'16).