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Maersk Drilling CEO sees three major obstacles for strained drilling sector

Three significant problems characterize the hard-pressed drilling sector from the get-go of 2021. However, the fact that competitors have filed for Chapter 11 helps with one of the issues, says Maersk Drilling CEO, who reports of talk about consolidation among major industry players.

The drilling industry currently finds itself in a situation in which there is a need to examine the possibility of consolidation. And this is a factor that will characterize the year to come, says Maersk Drilling CEO Jørn Madsen. | Photo: Stine Bidstrup/Stine Bosse/Ritzau Scanpix

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