Page 8: of Offshore Engineer Magazine (Nov/Dec 2022)

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Market Forecast 2023 © Lukasz Z/AdobeStock

Reactivations, M&As & $500,000 dayrates ...

WESTWOOD’S TOP

THREE 2023 RIG

MARKET PREDICTIONS

Te ofshore drilling rig market has blossomed this year of the back of the sustained E&P upcycle, with jack-ups, drillships, and semi-submersibles (semi) all recording increases in demand, marketed utilization, and dayrates.

By Teresa Wilkie, Director of RigLogix - Westwood Global Energy Group 8 OFFSHORE ENGINEER OEDIGITAL.COM

Offshore Engineer