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✉news EnvironmentEnvironment first seen 3 h ago, last 35 min 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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Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 35 min ago.

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