May 28:
There is now a consensus that there is a slow recovery in the jackup and floater market beginning from now 8The consensus outlook suggests around 500-550 working rigs over the next 5 years as against 114 floaters and 289 jackups as of now 8In this context, how is the OSV market looking like? Get the latest data as of May 2018 on OSV working rigs, OSV global population and the OSV to working rig ratio here 8Figure out what it will take to achieve market equilibrium in the OSV market 8Get the projections on OSV demand, divided in terms of rig and production support. 8The adjusted utilization rate is in fact higher than what was anticipated 8The market can move up rapidly from here on, by these set of projections Click on Reports for more