The Jacked Up Drilling Market
After a nearly five year downturn, the subsea drilling market is on the upswing, with jackup rigs making up the majority of the global fleet.
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After a nearly five year downturn, the subsea drilling market is on the upswing, with jackup rigs making up the majority of the global fleet.
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.
Italian contractor has chartered the 7th generation drillship from Samsung
Italian contractor has chartered the 7th generation drillship from Samsung
Offshore drilling rig reactivations have begun as utilization and dayrates continue their rapid recovery, Esgian's Teresa Wilkie writes…