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

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Eni Makes Significant Gas Discovery Offshore Indonesia

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Venture Global, Tokyo Gas Ink 20-Year LNG Supply Deal

SED Energy’s GHTH Rig Kicks Off Ops for PTTEP

Current News

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

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