Long-Term Deals Saved Rig Makers in 2009

摘要

For drilling equipment producers 2009 was an uneasy year. Pre-crisis forecasts predicted soaring demand for drilling rigs as aging fleets across the country required replacement. In reality, manufacturers were able to keep their business afloat largely owing to long-term contracts. OGE interviewed several industry professionals who talked about the drilling sector's performance in 2009 and shared their views on the competitiveness of Chinese rig manufacturers whose expansion in the Russian market has been on the rise in recent years.