Industry players criticize Maersk Drilling's sales pitch to investors

Maersk Drilling does not exactly stand out in the sector in terms of low costs and speed, say several competitors and key market players.

Photo: Bloomberg

Even though Maersk Drilling has reduced its costs considerably and sped up drilling work, the drilling rig company still lags behind in certain aspects, according to several key players and competitors in the drilling sector.

"We've seen that several others have reduced the number of days just as much as Maersk Drilling says it has," says Eirik Røhmesmo, chief analyst at Clarksons Platou Securities.

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