Top Norway fund manager is betting on rigs for 200 percent return

Oil service companies have been in the doldrums ever since the oil price plunge in 2014 reached their business. But as the oil companies are now beginning to increase investments, drillers are set to rise.

BY JONAS CHO WALSGARD, BLOOMBERG

After more than 3 years of taking a hammering, drillers are set to rise.

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Maersk Drilling lays off 84 US employees
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Rig companies seek out new partners in weak market
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Keppel weighs selling rigs to Borr Drilling
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