As drilling rigs depart the Gulf of Mexico Edison Chouest Offshore is bracing for the massive economic impact.
The Louisiana-based shipowner says it stands to loose nearly $300m in anticipated revenues as oil major executives descend on their Galiano headquarters to discuss contract cancellations, according to local media reports.
Damon Chouest, son of billionaire offshore tycoon Gary Chouest, told New Orleans newspaper the Times-Picayune that three drill rigs serviced by Chouest-owned offshore support vessels (OSVs) are setting sail from the US Gulf for brighter horizons in the coastal waters of West Africa and Brazil.
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