Offshore Drilling Rigs Market Demand, Overview, Size, Trend – Transocean, Royal Dutch, Shell Chevron, ExxonMobil

Global Offshore Drilling Rigs report from Global Insight Services is the single authoritative source of intelligence on Offshore Drilling Rigs market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Market Segments

By Water Depth

  • Shallow water
  • Deepwater
  • Ultra-Deep water

By Type

  • Jackup Rigs
  • Semi-Submersible Rigs
  • Drillships
Key Players
  • Transocean
  • Royal Dutch Shell
  • Chevron
  • ExxonMobil
  • BP
  • Anadarko Petroleum
  • Total SA
  • Statoil

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Key Trends

Offshore drilling rigs are used for drilling operations in bodies of water more than 500 feet deep. The first offshore drilling rig was built in the 1930s, and the technology has since evolved to allow for operations in ever-increasing water depths. Today, offshore drilling rigs are used in a variety of settings, from the shallow waters of the Gulf of Mexico to the deepwater drilling taking place in the Gulf of Guinea.

Offshore drilling rigs are typically classified according to the water depth in which they are able to operate. Shallow water rigs are those that can operate in depths of up to 500 feet, while deepwater rigs are those that can operate in depths of up to 10,000 feet. The majority of offshore drilling rigs currently in operation are shallow water rigs, although the number of deepwater rigs is increasing as the technology continues to evolve.

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