Offshore drilling rig day rates supplier in south africa


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Offshore rig demand surges, yet new orders remain

By Angel Gutierrez, S&P Global Over the last three years, the offshore rig market has been experiencing intense demand signals, reminiscent of past booms;

Offshore Drilling Rates Approaching $500,000 Per

The global offshore drilling market is continuing to experience a significant rebound with rig utilization now returning pre-pandemic levels,

Global Offshore Drilling Rig Dayrate Forecast

Westwood''s Global Offshore Drilling Rig Dayrate Forecast 2024-2028 report provides detailed insight on historical offshore drilling rig dayrate

Drillship bonanza: utilisation to hit 97% in 2025

At Offshore Support Journal Conference, Americas in June, Ms Edralin put average leading edge day rates at US$470,000, and marketed utilisation rates at 92%. She

Exploration Drilling Equipment Suppliers in South Africa

We source superior-quality products through our extensive international and local supplier network and deliver swiftly and at a competitive price to the drill site.

Petrodata Weekly Rig Count | S&P Global

View the Petrodata Offshore Rig Day Rate Trends Report. S&P Global Petrodata Weekly Rig Count provides reliable offshore oil rig data by major regions and

Rising day rates, utilisation drive rosier outlook for OSVs

Rising demand for offshore drilling rigs and OSVs is putting upward pressure on day rates and utilisation, providing a fundamentally stronger outlook for the sector.

Quality Drilling Rigs | Hands Free Drilling | South Africa

We specialise in the custom design, manufacture and supply of quality hydraulic exploration drilling rigs, ''hands free'' rod handling equipment, and drilling equipment in South Africa. If you

Report: Asia-Pacific rig rates, demand rising

Much of the activity is offshore Thailand for PTTEP, with long-term (three-year) and shorter-term (five-month) contracts, as PTTEP seeks to boost

Report: Rig dayrates on the rise in Southeast Asia | Offshore

Bruce Beaubouef * Managing Editor Dayrates for all types of rigs in Southeast Asia are witnessing robust growth, demonstrating an increase in demand and tightening supply,

Top 100 Drilling Companies in South Africa (2025)

Identify and compare relevant B2B manufacturers, suppliers and retailers. Max. Ubuntu Rock Drilling specializes in a variety of drilling services, including core

Report: ''Big 3 offshore drillers'' reporting increasing

Day rates for both floaters and jackups are on the rise, Evercore said. The primary drivers of higher rig day rates are tight rig supply; drillers

Top 5 oil rigs operating in Africa

South Africa: Island Innovator Rig With plans to spud the Gazania-1 well in Block 2B offshore South Africa in Q3 2022, the Island Innovator Rig is a

Top Developments in South Africa''s Oil and Gas Industry in 2024

From regulatory approvals to offshore acquisitions to supply agreements and a new petroleum company, South Africa is seeing robust activity across its burgeoning oil and

Global Land Drilling Rigs Tracker

Each month Westwood''s onshore team provides a global update on land drilling rig supply, with data sourced from and analysed using Westwood''s Global Land Rig tool.

Transocean, Noble, Valaris, Borr, and Odfjell Drilling

The firm''s contract drilling revenues for the three months ended September 30, 2024, increased sequentially by $87 million to $948 million,

Offshore Drilling Outlook to 2035

Operators have not increased their ofshore exploration capex, maintaining low activity levels. Marketed utilization has been reduced to ~62-69% for ofshore rigs with an increasingly large

Operators consider novel rig deals to limit day rates

Offshore staff LONDON — Offshore rig rates hit a nine-year high last year, according to a report from Westwood Global Energy Group

Offshore rigs utilization rate by region 2025| Statista

South America had the highest marketed utilization rate of offshore oil and gas rigs in the week of August 15, 2025. *** percent of the total marketed rig fleet in South America

Rigs report: drillers bullish as day rates and

As OSJ has reported, day rates for deepwater rigs have improved significantly, with a tightening offshore market improving contract terms and

High Times and Tight Markets for Jackup Industry

The current upcycle in the offshore drilling market is not limited to the floaters, as the global jackup rig fleet is seeing a marked increase in both

Global Onshore Drilling Rig Rates: Q1 2025 Regional

Executive Summary As the global onshore drilling market enters 2025, distinct regional variations are emerging, driven by factors such as

2024 offshore drilling outlook: Westwood''s top three

Westwood Global Energy, an energy market research and consultancy firm, has outlined its top three predictions for the year ahead,

Westwood Insight – Offshore drilling upcycle continues, but 2025

2024 brought some additional clean (that is, excluding additional items such as MPD or integrated services) floating rig rates above $500,000 per day, as well as the first rate

Petrodata Rigs

For companies working in or evaluating the ofshore drilling industry, Petrodata Rigs is a tool that delivers the most trusted data and market intelligence on the global ofshore drilling rig fleet,

Offshore Oil and Gas Exploration

Offshore Oil and Gas Exploration Offshore Oil and Gas Exploration has indicated that South Africa''s coast and adjoining waters have possible resources of approximately nine billion

Report: ''Big 3 offshore drillers'' reporting increasing day rates

Day rates for both floaters and jackups are on the rise, Evercore said. The primary drivers of higher rig day rates are tight rig supply; drillers remaining disciplined about rig

Top Five Oil Rigs Operating in Africa

South Africa: Island Innovator Rig With plans to spud the Gazania-1 well in Block 2B offshore South Africa in Q3 2022, the Island Innovator Rig is a

Offshore Rigs Tracker

The Offshore Rigs Tracker offers the African petroleum industry the opportunity to track rigs'' movements and drilling campaigns offshore sub-Saharan Africa. It is released every quarter by

Rising day rates, utilisation drive rosier outlook for OSVs

Rising demand for offshore drilling rigs and OSVs is putting upward pressure on day rates and utilisation, providing a fundamentally

Drillship bonanza: utilisation to hit 97% in 2025

At Offshore Support Journal Conference, Americas in June, Ms Edralin put average leading edge day rates at US$470,000, and marketed

Report: Asia-Pacific rig rates, demand rising

Much of the activity is offshore Thailand for PTTEP, with long-term (three-year) and shorter-term (five-month) contracts, as PTTEP seeks to boost gas production. One tender

Top Five Oil Rigs Operating in Africa

South Africa: Island Innovator Rig With plans to spud the Gazania-1 well in Block 2B offshore South Africa in Q3 2022, the Island Innovator Rig is a heavy well intervention

About Offshore drilling rig day rates supplier in south africa

About Offshore drilling rig day rates supplier in south africa

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6 FAQs about [Offshore drilling rig day rates supplier in south africa]

What is the offshore rigs tracker?

The Offshore Rigs Tracker offers the African petroleum industry the opportunity to track rigs’ movements and drilling campaigns offshore sub-Saharan Africa. It is released every quarter by Hawilti in partnership with the Caverton Offshore Support Group (COSG) Plc.

Who makes drilling rigs in Africa?

Drilling Rigs Bohrmeister designs, manufactures and supplies custom hydraulic drilling rigs in Africa! NEED A RIG? Crawler Carriers We manufacture rod carriers, compressor carriers, personnel carriers, and more! OUR CARRIERS Rod Handlers Our ‘hands free’ rod handlers are African drilling industry favourites!

Where can I find information on the offshore rig fleet?

The information provided and much more data on the offshore rig fleet can be sourced via the S&P Global proprietary offshore rigs information products, RigPoint and RigBase. For additional information, contact: Rig Support View the Petrodata Offshore Rig Day Rate Trends Report.

When is Africa's next offshore rig release?

Next release is scheduled for September 2023. Africa’s offshore rigs count has kept growing since the start of 2023, with 36 drilling rigs contracted this year so far. Recent contract extensions and new contract awards have confirmed 2023 as one of the biggest years for offshore drilling activity on the continent in a decade.

What should you consider when exploring the drilling industry in South Africa?

When exploring the drilling industry in South Africa, several key considerations are crucial. Regulatory compliance is essential, as the industry is governed by strict laws and standards aimed at ensuring safety and environmental protection.

Could 2023 be a record high for offshore drilling in Africa?

Recent contract extensions and new contract awards have confirmed 2023 as one of the biggest years for offshore drilling activity on the continent in a decade.

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