July 5, 2016 - 2:36 PM EDT
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Global Jackup Rig Market Report 2016 - Increasing Demand for Oil and Energy to Drive Jackup Rig Market - Research and Markets

Research and Markets has announced the addition of the "Global Jackup Rig Market Report: 2016 Edition" report to their offering.

The global jackup rig market is constantly evolving as the strong increase in offshore drilling activities continues to change. With rising demand of oil, increasing energy demand, and growing GDP and global population, demand for jackup rigs is increasing at a very fast pace. The jackup market has been supported by continued strong demand in the Middle East, where the rig count continued to increase, driven by incremental demand from UAE, while Saudi Aramco and Iran have continued to record a high number of jackups under charter.

The demand for jackups will be driven by accelerating economic growth, growing population worldwide, increasing oil demand and investment growth in offshore drilling exploration activities. Some of the noteworthy trends and developments of this industry are rise in shallow water rig constriction activity, rapidly growing demand for premium and ultra-premium jackups and offshore demand to remain under pressure. However, the expansion of the global jackup rig market is hindered by oil price volatility and E&P CAPEX cuts and depletion of oil reserves.

The report presents an exhaustive study of the global market along with the major regional markets. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.

Companies Mentioned:

  • COSCO Corporation
  • Keppel Corporation
  • Sembcorp Industries Ltd.

Key Topics Covered:

1. Oil & Gas Industry - An Overview

2. Jackup Rigs

3. Mobile Offshore Drilling Unit (MODU) Market Analysis

4. Jackup Rigs - Market Analysis

5. Jackup Rigs - Regional Analysis

6. Market Dynamics

7. Competitive Landscape

8. Company Profiles

9. Market Outlook

For more information visit http://www.researchandmarkets.com/research/zwlfsp/global_jackup_rig.

Research and Markets
Laura Wood, Senior Manager
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Source: Business Wire (July 5, 2016 - 2:36 PM EDT)

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