"It's alive!": Offshore Drillers Start
Offshore drilling rig reactivations have begun as utilization and dayrates continue their rapid recovery, Esgian's Teresa Wilkie writes…
Source: oedigital.com
Stay updated with breaking news from Bassoe Analytics. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Offshore drilling rig reactivations have begun as utilization and dayrates continue their rapid recovery, Esgian's Teresa Wilkie writes…
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 ...