PPRuNe Forums - View Single Post - Babcock Offshore to exit market??
View Single Post
Old 19th Feb 2020, 16:09
  #16 (permalink)  
212man
 
Join Date: Oct 1999
Location: Den Haag
Age: 57
Posts: 6,274
Received 336 Likes on 188 Posts
I haven’t read the transcript- apologies - but reading what has been extracted my read is they will by default be exiting in a phased manner. They don’t plan to bid on any new contracts and will complete the existing ones, so once they are all completed Babcock will no longer be in the O&G market.
212man is offline