Rig Fleet's core business is acquisitions, financing and restructuring of offshore rigs and our strategy is to invest counter-cyclically. The Rig Fleet team has been servicing the offshore industry for more than 35 years and has acquired more than 250 offshore rigs since 1981. Our main markets are NOC’s and local drilling companies.
2 Dec 2016
Last year, Schlumberger (NYSE:SLB) announced a plan to design and mass-produce what the oil service major refers to as its "Drilli...
25 Nov 2016
Seadrill (SDRL) has 13 newbuilds in its pipeline. Of these, one is semi-submersible, four are drillships, and eight are jack-ups. ...
17 Nov 2016
NEW YORK – Evercore ISI has released its latest Offshore Rig Market Snapshot. The monthly report finds an increase in contracts ...
|Rig fleet status reports|
When the market is falling, rig owners are forced to choose between stacking and maintaining their rig fleet. While...
There are mainly 3 newbuild strategies: Initial contract, speculation and counter-cyclical. The risk in newbuild projects is usually high...
Drilling rigs have different income potential based on projected profits. The net asset value (NAV) of a rig is a...