Press release
Offshore Drilling Rigs Market has a significant Growth in Future | Transocean, Ensco, Seadrill, COSL, Diamond Offshore, Paragon Offshore, Ocean Rig, and Nabors Industries Limited.
Offshore drilling is the process of extracting petroleum from rock formation, which lies beneath the seabed. Several types of offshore rigs are used in different depth and offshore environmental conditions, such as jack up rigs (up to 500 feet), semisubmersible rigs (up to 10,000 feet), and drillships (up to 12,000 feet). Advancement in technology to compete harsh environment and increasing demand for energy has driven the offshore drilling rigs market globally.Download PDF Brochure : www.coherentmarketinsights.com/insight/request-pdf/759
Global Offshore Drilling Rigs Market Taxonomy
Deep and Ultra-Deep waters are projected to be grow at a fast pace over the forecast period, owing to the major investment in this segment especially in regions such as Africa, North-America, and Europe. According to Seatrade Maritime News, offshore rig market will pick up from 2017 and will rebound to a new height by 2021.
Global Offshore Drilling Rigs Market Taxonomy
On the basis of type, the global offshore drilling rigs are segmented as:
Jackup Rigs
Fixed Platform rigs
Submersible
Ultradeepwater units
Tender Assist Drilling
Semisubmersible Rigs
Drillships
Others
Global Offshore Drilling Rigs Market Outlook
The North America & Latin America are projected to be the significant markets in the offshore drilling rigs market and they are anticipated to grow rapidly over the forecast period. Advancement in technology and development in offshore facilities is expected to further eliminate the regions dependency on foreign petroleum products.
Europe has witnessed a significant growth in offshore drilling rigs market followed by Africa. The burgeoning growth in North Sea, rising offshore exploration and production activities in Nigeria have further enhanced the offshore drilling rigs market.
Asia Pacific is witnessed to have a fast growth in offshore drilling rigs market, owing to rising energy demand, high consumption rate, development of the emerging economies in offshore drilling activities, and major investments in deep and ultra-deep water have driven the offshore drilling rigs market in this region.
The major players operating the global offshore drilling rigs market are Transocean, Ensco, Seadrill, COSL, Diamond Offshore, Paragon Offshore, Ocean Rig, and Nabors Industries Limited.
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