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"It's alive!": Offshore Drillers Start - Vimarsana News

"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…

Offshore drillers start resuscitating idle drillships - Vimarsana News

Offshore drillers start resuscitating idle drillships

Offshore drilling rig reactivations have begun as utilisation and dayrates continue their rapid recovery. Several cold-stacked rigs are about to be reactivated for new jobs in the Golden Triangle, and Valaris is taking the lead.

Watch out offshore drillers! Oil at $80 feels a lot different this time around | Hellenic Shipping News Worldwide - Vimarsana News

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 ...

Watch Out Offshore Drillers! Oil at $80 Feels a - Vimarsana News

Watch Out Offshore Drillers! Oil at $80 Feels a

Soaring oil prices could signal the start of an amplified offshore rig market upcycle and this time it might stick around for a while…

West Africa's Deepwater Rig Utilization Could - Vimarsana News

West Africa's Deepwater Rig Utilization Could

Offshore drilling rig contracting activity in West Africa is finally picking up as confidence slowly returns to the region…