The Rising Influence of Rising Affluence

[OakesCS]

No idea about $s that might be recouped. My analogy to empty Chinese cities was becuz there are a bunch of new or nearly new deep water drill ships out there looking for business so deep discounts can undoubtedly be had by anyone that wants to remotely visit the bottom of an ocean.

As for COP's supposed exit from deep water. The exit isn't complete. They specified exploration. I am sure they will continue to partner in deep water projects. In addition, there's no barrier to them going back into deep water exploration when prices improve and they might have a friendlier political environment as a bonus.