Rig famine: Offshore owners short of active assets to chase contracts

Since 2021, 25 inactive jack-ups, three semisubs and nine drillships have been revived

New owner: Transocean bought the cancelled ultra-deepwater drillship West Aquila from DSME.
New owner: Transocean bought the cancelled ultra-deepwater drillship West Aquila from DSME.Photo: SEADRILL
Published 5 March 2023, 07:54Updated 6 March 2023, 16:15