Total: There are plenty of offers in the offshore sector

There are many players vying for projects when the oil companies select rigs and drilling vessels for their projects. Rig rates remain low and "favorable" to oil companies, French oil major Total tells ShippingWatch.

/Ritzau Scanpix/Reuters/Pilar Olivares
Photo: /Ritzau Scanpix/Reuters/Pilar Olivares

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