Global demand surges for semisubs and drillships, with dayrates at highest in 10 years

Future demand for semisubs and drillships looks bright but cost and supply challenges must be overcome

TotalEnergies acquired a 75% stake in Vantage Drilling’s drillship Tungsten Explorer.
TotalEnergies acquired a 75% stake in Vantage Drilling’s drillship Tungsten Explorer.Photo: VANTAGE DRILLING
Published 22 February 2024, 14:12Updated 22 February 2024, 15:44