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Awilco Drilling : Annual Report 2023 - MarketScreener

Awilco Drilling Triumphs in Arbitration Battle Against Keppel FELS, Secures $43M Victory

Awilco Drilling said Thursday that an arbitration tribunal had ruled in its favor in its second case against Singapore-based…

Westwood Insight – Harsh environment semisub market sells out; dayrates approach $500K – Westwood

Westwood Insight – Harsh environment semisub market sells out; dayrates approach $500K – Westwood
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Sold out! Harsh environment semi-submersible rigs unavailable: Westwood

Sold out! Harsh environment semi-submersible rigs unavailable: Westwood
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Harsh environment semisub market sells out; dayrates approach $500K

Reflecting high demand for sixth-generation, harsh-environment semisubmersible rigs, their committed utilization is sold out at 100%. Dayrates in this group are forecast to continue increasing over the next five years, with rates at or above $500,000 for contracts beginning in late 2024 and early 2025.

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