Keeping them working – the SPS Challenge Facing the Industry

The construction boom in the 1980s means that there are more than 300 rigs still operating that will need a major class renewal project in the next 3 years. Defining, planning and executing these projects will place a strain on resources, systems, and capacity in shipyards around the world. Adding in, the recent newbuild activity means the scale of the challenge facing the industry is high and some Drilling Contractors face more of a challenge than others.