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2025 News

 

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

Dec 24, 2024

2024 has been another strong year for the offshore drilling rig market with high utilization and dayrates. However, the winds of change have started to blow, and the market is already showing some signs of weakening demand and declining dayrates across the three main rig types – jackups…

Current News

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Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

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Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

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Jadestone Energy Lifts Malaysia Production with Second Online Well

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