► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
The oil price rout has meant that producers are delaying projects, especially the more costly, offshore ones, putting pressure on offshore drillers. Alan Livsey explores the fate of distressed rig owners.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
