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/PRNewswire/ -- The global drilling rig market size is estimated to grow by USD 14.6 bn from 2024-2028, according to Technavio. The market is estimated to grow...
Petrobras expects to require 280 new wells through 2028, and refurbish or plug another 700 wells, it said in an emailed response to questions. The company said the market for day rates is dynamic and that it will review pricing when hiring new rigs.
Offshore Drilling Leader Sees Over $1.4 Billion in New Contracts and Extensions
Oil jumped on January 29 after an Iran-backed militia’s drone strike in northeast Jordan killed three US troops, an event that could worsen the already boiling tensions in the Middle East.