04
Sun, May

Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021

Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021

Offshore Engineer

The offshore rig market recovery appears to have taken a pause, with

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021…

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