✉news EnvironmentEnvironment first seen 4 h ago, last 1 h ago, peak #10
Harsh-environment semisubmersible rigs market close to sold out
Original: News Content Hub - Westwood rigs round-up: harsh-environment semisubmersible market close to sold out
A Westwood rigs round-up reports that the market for harsh-environment semisubmersible drilling rigs is close to being fully contracted. The report suggests demand for rigs capable of operating in tough North Sea-style conditions is outstripping available supply, leaving operators with few open units to charter as energy companies press ahead with offshore drilling plans.
Why now: Offshore drilling contractors and energy market watchers are tracking tightening supply of harsh-environment rigs as the oil and gas sector expands exploration activity.
Westwoodharsh-environment semisubmersible rigs
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Evidence
- News Content Hub - Westwood rigs round-up: harsh-environment semisubmersible market close to sold out · rivieramm.com
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