The recovery in the offshore drilling industry is just getting started, especially in the drillship and jack-up rig segments, according to market analysts. Esgian’s current estimate for reactivating a ...
One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024, but by 3Q 2025 21 units had been re-deployed into other regions of the world. Fast ...
Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.
Drilling Rig Market · GlobeNewswire Inc. Dublin, March 09, 2026 (GLOBE NEWSWIRE) -- The "Drilling Rig Market Report by Deployment, Type, Countries and Company Analysis, 2025-2033" has been added to ...
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors ...
Offshore drilling remains resilient this year with strong activity in Latin America, Southeast Asia and other hotspots, but the sector has less appetite for building new drilling rigs after learning ...
This week's offshore rig review looks at the very active licensing rounds in the UK and Norway and how they could lead to growth in North Sea drilling. The last two weeks have been rather busy in the ...
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