Global Offshore Rig Count in June Falls to 208. Africa Suffers the Biggest Loss

OE Staff
Thursday, July 2, 2020

The global active offshore drilling rig count for June 2020 was lower by 65 units, compared to June 2019, Baker Hughes' monthly rig count report has shown.

Latin America was the only region that saw its offshore rig count rise, Europe and North America saw their numbers halved, but the biggest „loser“ was Africa, with only three offshore rigs active in June.

The worldwide active rig count in June was 208, compared to 273 a year ago, and 210 in May 2020.

The Asia Pacific had the most active drilling rigs in June 2020 at 91 units, compared to 95 a year ago.

The Middle East followed with 44 offshore rigs active last month, a drop by 10 units compared to June 2019 54.

Europe's active offshore rig number for June almost halved with 25 active units in June 2020, versus 49 units in June 2019

Similarly, North America - Canada and the U.S. - saw its active offshore rig count for June 2020 fall to 14 units, down from 27 in June last year. Of this number, the U.S. had 12 active offshore rigs last month, vs 24 in June 2019, and Canada's June 2020 count was two, down from last year June's three offshore drilling rigs.

Africa in June last year had 21 active offshore drilling rigs, but this number has fallen drastically to only three rigs in June 2020. For reference, in May 2020, Africa had 15 active offshore drilling rigs.

Latin America experienced an increase compared to last year, coming in at 31 active offshore rigs for June 2020, compared to last year's 27.

Overall, the world had 208 active offshore drilling units in June 2020, down by 65 rigs compared to last year's 273.

Categories: Middle East Drilling Industry News Activity Europe Asia North America Rigs Africa Asia Pacific

Related Stories

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Pakistan’s OGDC to Start Production at ADNOC’s Offshore Block by 2027

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Current News

Fugro Expands Geotechnical Testing Capabilities in Indonesia

UK Firm Secures Exploration Extension for Two Blocks off Vietnam

ABL Lands Work on BP’s Indonesian Gas and CCUS Project

CNOOC Starts Production at Offshore Field in South China Sea

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

TPAO, SOCAR and BP to Ink Caspian Sea Oil and Gas Production Deal

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com