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Westwood Insight – The offshore rig market recovery continues, but what s in store for 2024

Westwood Insight – The offshore rig market recovery continues, but what s in store for 2024
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United kingdomUnited statesWestwood riglogixPeriodic surveyMiddle eastSoutheast asiaSouth americaWest africaRig marketed supplyRig supply changesBorr drillingSpecial periodic survey

The Rig Market: What s in Store in 24?

2023 has been another noteworthy year for the rig market’s ongoing recovery, with a 3% increase in global marketed utilization versus 2022…

United statesUnited kingdomWestwood riglogixPeriodic surveyMiddle eastSoutheast asiaOffshore engineerOperators offeringRig dealsAvailability dries upSouth americaWest africaRig marketed supplyFurther supplyRig dayrates have risenRig supply changes

The Rig Market: What s in Store in 24?

The Rig Market: What s in Store in 24?
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United kingdomUnited statesWestwood riglogixPeriodic surveyMiddle eastSoutheast asiaOffshore engineerOperators offeringRig dealsAvailability dries upSouth americaWest africaRig marketed supplyFurther supplyRig dayrates have risenRig supply changes