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.

  • Report sees drilling rig contracts increasing

    21 Oct 2016

    Evercore ISI’s Oilfield Services, Equipment & Drilling Group has released its most recent Global Offshore Rig Market Snapshot. ...

  • Keppel Profit Hit by Weak Rig Orders

    21 Oct 2016

    Singaporean conglomerate Keppel Corp reported a 38 percent fall in its third-quarter profit as low oil prices resulted in a dearth...

  • A major new ERD rig

    15 Oct 2016

    ConocoPhillips Alaska has commissioned Doyon Drilling Inc. to build a new extended reach drilling rig for the North Slope, ConocoP...

Rig fleet status reports
  • The decision to stack

    When the market is falling, rig owners are forced to choose between stacking and maintaining their rig fleet. While...

  • Counter-cyclical rig fleet investments

    There are mainly 3 newbuild strategies: Initial contract, speculation and counter-cyclical. The risk in newbuild projects is usually high...

  • Rig Fleet Valuation

    Drilling rigs have different income potential based on projected profits. The net asset value (NAV) of a rig is a...