Jackup Rigs Market Global Professional Survey and In-depth Analysis Research Report Forecast to 2022
Global Jackup Rigs Market –Overview Jackup Rigs are the most widely used drilling platforms for carrying out primarily drilling activities in the offshore and wind farm service platforms by the upstream Oil & Gas companies. Jackup rigs integrate a drilling rig, jacking system, loading and unloading facilities, crew stations, storage areas, helicopter landing deck and other drilling equipment. Jackup rigs are predominantly deployed in all major offshore production basins and can operate in water depths of up to 490 feet. With the recent technological advancements in equipment operations Jackup rigs operations have become cost effective. Due to which the Global Market of Jackup Rigs is surging fantastically well. On account of the recent progression the Jackup Rigs Market is perceiving; the Market Research Future rolled out/published a deep diving study report, according to which the global market for Jackup rigs is estimated to grow enormously further with a whooping CAGR during the forecasted period (2016 – 2022). Attributing to the increasing global demand for energy and the rising number of investments for off shore drilling activities; the Jackup rigs market is predicted to grow in the future; witnessing an augmented growth surpassing its previous growth records in terms of value, States the MRFR Research Analyst while commenting upon the analysis. Increasing global demand for energy is predominantly driving the global market growth of Jackup Rigs. The recent discoveries of new oil & gas reservoirs in remote areas, combined with growing technological advancements in terms of equipment have made offshore drilling operations more feasible and cost-effective eventually fostering the market growth . Additionally, significant investments made by operators into deep water Oil & gas exploration activities is providing impetus to the market growth. Moreover, the factors such as accelerating growth in economy and population worldwide, coupled with the increasing oil demand and investment growth in offshore drilling exploration activities will fuel the market growth of Jackup rigs market. Key Players The key players of Global Jackup Rigs Markets are Rowan Companies Inc.(U.K.), Noble Corporation plc (UK), KCA DEUTAG Ltd.(Scotland), Maersk Drilling (Denmark), Diamond Offshore Drilling, Inc. (U.S), COSL (China),