Global Jackup Rig Market Report: 2015 Edition
Jackup rigs are deployed in all major offshore production basins but are particularly numerous in the Middle East, South East Asia, the US GOM and the North Sea. The largest, most modern Jackups can operate in water depths of up to 490 feet. Jackups drill through slots in their deck or have the ability to extend the drilling equipment out over the side of the deck a cantilever.
The global Jackup rig market is all set to witness double digit growth rate in coming years fuelled by the increase in the global offshore exploration and production activity. The offshore exploration and production activity is growing as a result of rise in energy demand due to growing world population.
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The key factors driving the growth of the Jackup rig market are rapid growth in oil demand, rising global energy demand, growth in E&P spending and growing economy. Some of the noteworthy trends and developments of this industry are contracted and uncontracted Jackup rig market and expansion of Jackup rig market in South East Asia. However, the expansion of global Jackup rig market is hindered by depletion of oil reserves, declining commodity prices and cyclical weakness in deep water market.
The report “Global Jackup Rig Market” provides an in-depth analysis of the Jackup rig market, with a focus on regions including the South East Asia, Middle East and Mexico. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The major players in the industry, Keppel Corporation, Sembcorp Industries and Cosco Corporation are being profiled.
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Table of Content :
1. Market Overview
1.1 Oilfield Services Market Value Chain
1.2 Types of Offshore Assets
1.2.1 Rigs
1.2.2 Support Vessels
1.3 Offshore Drilling Rig Structure
1.4 Jack Up Rigs
1.4.1 Types of Jackup Rigs
1.4.2 Advantages of Jackup Rigs
2. Jackup Rigs - Market Analysis
- Fleet Size
- Order Trend
- Deliveries
- Regional Breakdown
- Utilization Rates
- Rig Rates
- Age Composition
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