Baku 14° C
WSJ: Demand for offshore oil drilling rigs rises
Energy
- 21 January, 2023
- 11:13
Add Report.az to preferred Google sources
Stay up to date with the top news!
Demand for offshore oil drilling rigs has been on the rise worldwide due to increased demand for energy, supply disruptions amid the war in Ukraine and fuel prices above pre-pandemic levels.
Report informs citing The Wall Street Journal that, according to research company Westwood Global Energy Group, at the end of 2017, out of about 600 drilling rigs available for rent, only 63% were used. In December 2022 this figure had already reached 90%. Companies such as Transocean, Valaris, Noble rent drilling rigs for rent and service them.
According to the newspaper, the offshore oil boom could help the economies of some developing countries.
The leaders of this list are the USA, Mexico and Norway.
Author
WSJ: “Dənizdə neft buruqlarına tələbat artır”
WSJ: Зафиксирован рост спроса на буровые установки для морской добычи нефти
Latest News
22:09
Tahir Taghizada: Azerbaijan strengthens its role as connectivity hub between Europe and Asia
Foreign policy
21:38
Participants of Azerbaijan NGOs Cooperation Forum address President Ilham Aliyev
Domestic policy
21:19
Children in US given psilocybin-laced candy during Halloween
Other countries
21:02
Video
Baku TV prepares 'Light Born of Victory' feature for Victory Day
Domestic policy
20:42
Photo
Coordinate 44 premiered in Tbilisi
Region
20:38
Jay Rockefeller, last member of political Rockefeller dynasty, Dies at 89
Other countries
20:21
The Taghiyev: The School Screened at the 6th Korkut Ata Turkic World Film Festival
Art
20:17
Photo
President Ilham Aliyev and First Lady Mehriban Aliyeva attend inauguration of first phase of Jahangirbeyli village in Zangilan - Update
Domestic policy
20:15
Turkish ambassador calls for preserving unity between Azerbaijan and Türkiye
Foreign policy