Westwood Insight – Global marketed offshore rig utilisation to average 95% in 2023

Friday 27 January 2023

In 2022, offshore rig activity for both jackups and floating rigs was robust in several key regions of the world. Global marketed jackup utilisation increased from 87% in January to 91% in December. In January, 367 of 423 marketed units were contracted or committed for work, while in December the numbers increased to 398 of 437 marketed units contracted or committed for work. From July through December, utilisation was above 90%.

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