The mobile offshore drilling unit market size was valued at USD 5.1 Billion in 2023 and is expected to reach a market size of USD 9.9 Billion by 2032 at a CAGR of 7.6%.Fort Collins, Colorado, April 24, 2024 (GLOBE NEWSWIRE) The growing demand for oil and gas drives the need for mobile offshore drilling units. The increasing demand for oil and gas and the depletion of onshore and shallow-water reserves have driven the need for mobile offshore drilling units (MODUs) to explore and exploit deep-
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Managed Pressure Drilling Market to Expand at 5.0% CAGR over 2022 to 2029; CBHP Segment to Gain Traction Owing to High Product Demand in Depleted Areas:.