Disruptive move: Why jack-up drilling rigs could face upheaval in the Indian market

Proposed legislation classifying mobile offshore drilling units as vessels could make jack-ups subject to strict age restrictions

Indian Prime Minister Narendra Modi’s government is considering new age caps for offshore assets.
Indian Prime Minister Narendra Modi’s government is considering new age caps for offshore assets.Photo: AP/SCANPIX
Published 8 March 2023, 04:01Updated 8 March 2023, 16:03