Is the Jack-Up Market Self-Elevating?
Jack-up utilization rates are increasing but the day rates are still low. Over 70% of the cold stacked jack-ups are 30 years or older. Given…
ViewIs the Environment Harsh for HE Semisubs?
HE semisubs market segment is picking up. There are not enough HE semisubs to meet the growing demand and this will translate into higher day…
ViewWhich One Was Yours and Why Will the Next One Be Better?
More than 75% of all the UKCS Field Development Projects undertaken failed to be delivered within their FID parameters. Most failures are due to non-technical…
View2018 & Beyond: A Retrospective Look at MODU Supply and Demand
In 2015 McKinsey & Company wrote a paper on, The Outlook for Offshore Drilling. In this paper, we review McKinsey’s forecasts and find out if…
ViewKeeping them working – the SPS Challenge Facing the Industry
In 2015 McKinsey & Company wrote a paper on, The Outlook for Offshore Drilling. In this paper, we review McKinsey’s forecasts and find out if…
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