Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... However, the performance of the company’s other floaters, including harsh environment, deepwater and mid-water was more favorable, with these categories recording stable to improving average day rates and utilization levels. The harsh environment rig market in particular has been quite strong, driven by demand from the Norwegian sector. Transocean increased its exposure to this space, adding four harsh environment semisubmersibles on long‑term contracts as it closed its acquisition of Songa offshore earlier this year. The company now has a total of 12 harsh environment rigs. ... "
" ... Transocean’s drilling revenues grew by about 19% sequentially to $790 million, as it was the first full quarter since the company acquired four harsh environment semisubmersibles from Songa and the new ultra-deepwater drillship, Deepwater Poseidon. Additionally, the company’s revenue efficiency, which is a measure of how much revenue a rig actually earns while it is contracted versus the maximum that it could potentially earn, also rose to 97.4%, compared to 91.5% in the previous quarter, helping overall drilling revenues. ... "