<p>A combination of contract terminations, spiralling insurance costs and the threat to EPC projects is creating a complex combination of risk for offshore operators in the Persian Gulf. In its latest Horizon Monthly Offshore report, British consultancy MSI notes that whilst rig contract terminations have been few, a return to pre-conflict levels could take months &#8230;</p> </p><p><p>https://splash247.com/contract-suspensions-and-insurance-spikes-pressure-gulf-offshore-market/</p></p>