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What Lies Ahead for Idle North Sea Jack-up Rigs?

Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere

Norwegian Rig Count Shrinks Further as More Semi-subs Get Work Elsewhere

Offshore Rig Market Entering Multi-Year Supercycle

Tightness in supply, staffing constraints and high oil prices all contribute to Esgian’s projected 13% growth in offshore rig demand for 2023.

Middle East demand drives rising jack-up market in 2022

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.

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