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Offshore rig prices climb amidst deepwater drilling boom

June 13, 2023

Source: World Oil

Offshore rig prices climb amidst deepwater drilling boom

Drilling for oil in miles-deep ocean water is booming again with rig-rental prices forecast to climb another 18% after doubling over the past couple years, according to Wood Mackenzie Ltd.

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Offshore rig prices climb amidst deepwater drilling boom

Related News

Indian giant starts hunt for 18 specialised vessels as it...

Canadian offshore oil play set for multi-well exploration...

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Asian bidders line up for Petrobras FPSOs

Saipem awarded two new offshore drilling contracts totali...

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Cougar Mechanical Thruster saves C$130k for drilling major

TechnipFMC lands major subsea contracts for Anadarko’s Mozambique project

Indian state requests removal of VAT waiver

China to invest $250 million in Venezuela

Eni begins production from Sankofa field

Trump’s tweet help pushing oil price down

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