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Energy consultancy Westwood is predicting a healthy 25% demand growth for land rigs in the GCC region from 2023-2027, as Saudi Arabia and the UAE pump billions
Westwood has released the MENA Onshore Drilling Rig Market Forecast, the first in a series of new regional land rig reports available to subscribers. Westwood predicts 25% healthy demand growth for land rigs in the Middle East GCC region over the 2023-2027 forecast period, as Saudi Arabia and the UAE pump billions into reaching production capacity targets.