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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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Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

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Eni Makes Major Gas Discovery Offshore Indonesia

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Strike Threat Grows at Ichthys LNG after Workers Reject Deal

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Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

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MidEast Energy Output Recovery to Take Two Years, IEA Says

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Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

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