Floating Rigs Market Global Industry Analysis, Growth, Trends, Forecast 2019
Floating rig is one of the most important segments of oil field production chain as it provides services and equipments to oil explorers, producers and transportation of crude oil and natural gas. Rigs are huge structures that are used in the process of extraction of crude oil from oil wellbore. Either floating or bottom supported rigs are required for drilling of oil wells offshore. Global market for floating rig is tough with high capacity utilization and high day rates. As the oil prices deviated from natural gas prices, engineering and procurement companies have altered their drilling projects to target oil, rising demand of floating rigs and building a backup for the universal drilling players. According to Rigzone till 28 March 2013 600 rigs were drilling offshore representing a capacity utilization of 84.7 %. Download the Exclusive Report Sample Here : http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2353 The global increase in offshore ...