I believe the issue is not Lukoil but NA, and I do not know how soon we can expect news on this.
I suppose timings are pretty good now, with so many projects on hold and rigs going on the cheap, but if NA need finance, it might not be possible to get any (not sure if NA are cash rich or not?). And if you wait for POO to rise and become bullish, there might be shortage of rigs as a sudden realization that an oil surplus might become an oil shortage..
Lets hope NA as operators are reading the market correctly and start drilling at an optimum time!
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