Rig Contract27 Jul 2023 22:31
I think most holders think FID is the next issue rather than the payout for OM. In fact it occurs to me that it may well not only be in the interest of ROI for RKH to be in financial distress but also in the interest of those funds sniffing around for the Award sale plus monthly interest.
So our focus of attention should surely be FID and how are Navitas are doing on the rig and FPSO front?
Mid 2026 for first oil ??
Which comes first, LoI for gigs or FID ?
Apologies for my ignorance , guys, but this board has deteriorated. I’m as much to blame as others but together we might help find out some info.
For example: I feel sure the design of the undersea drilling scenario makes a difference to the type of rig ie Jack-up, Semisubmersible or Development ?