What Lies Ahead for Idle North Sea Jack-up Rigs?
The North Sea jack-up rig market has been out of the limelight lately, overshadowed by increased contracting activity in…
Source: oedigital.com
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Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere
Following the recent departures of two Odfjell Drilling-managed semi-submersibles from Norway to Africa, four more rigs have…
Source: oedigital.com
Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere
Following the recent departures of two Odfjell Drilling-managed semi-submersibles from Norway to Africa, four more rigs have…
Source: oedigital.com
Offshore Rig Market Entering Multi-Year Supercycle
Tightness in supply, staffing constraints and high oil prices all contribute to Esgian’s projected 13% growth in offshore rig demand for 2023.
Source: hartenergy.com
Middle East demand drives rising jack-up market in 2022
The global market for jack-up rigs has shown strong performance this year, with the number of awards and the duration of bookings already set to outpace 2021, according to Esgian Rig Analytics.
Source: energyvoice.com
Watch out offshore drillers! Oil at $80 feels a lot different this time around | Hellenic Shipping News Worldwide
Last week Brent crude touched $80 per barrel for the first time in three years. What may be even more remarkable is that it has remained above $60 per barrel since February 2021. Meanwhile, there have been various signs that the offshore rig market is now in an upcycle following a cavernous and drawn out ...
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Source: hellenicshippingnews.com