Page 23: of Offshore Engineer Magazine (May/Jun 2026)

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MARKETS RIGS © bomboman / Adobe Stock

FROM FIXTURES TO VALUES:

WHERE THE JACKUP

RECOVERY IS ALREADY

BEING PRICED

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fxtures and geographies. Tat is important, but dayrates are only the starting point. On their own, they say very little about how much of that recovery is already priced into company valuations.

By Sofa Forestieri, Senior Analyst at Esgian

MAY/JUNE 2026 OFFSHORE ENGINEER 23