Jackup Rigs Market- Trends, Drivers, Strategies, Applications and Competitive Landscape to 2022

Global Jackup Rigs Market Research Report Forecast to 2022

Industry Survey, Growth, Competitive Landscap and Forecasts to 2022

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Jackup Rigs Market 2018 Jackup Rigs Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts 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.

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Jackup Rigs Market2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Jackup Rigs Market Research Report- Forecast 2023” Global Jackup Rigs Market –Competitive Analysis The Jackup market appears to be highly competitive yet consolidated. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players. The key players operating in the market strive to provide high quality customized and regular solutions for safe and hazardous working areas in the global oil and gas sector and premium or ultra-premium jackups having operational capability in water depths up to 190 meters. They try to build a significant reputation that held in high regard for complex problem solving and the unique ability to provide reliable and workable monitoring and measurement solutions, with the extensive industry experience, innovation and commitment of technical and engineering teams which can position them as the preferred vendor to an increasing number of leading drilling companies and rig owners.

As the global Demand for Jackup Rigs is recuperating leading to escalate the demand for offshore (harshenvironment) exploration; well established key players are getting engrossed catalyzing sumptuous M&A and Collaboration activities and think that it’s the best time to make counter-cyclical investments in the highestspecification assets.

Industry News Oct. 17, 2017, Rowan Companies plc. announced a joint venture with ARO Drilling which is a 50/50 joint venture with the Saudi Arabian Oil Company (Saudi Aramco). As part of the initial startup of ARO Drilling, Rowan and Saudi Aramco contributed equal amounts of cash into the joint venture. Following these contributions, Rowan sold three of its jackup drilling rigs to ARO Drilling, including the J.P. Bussell, which was previously idle, and Saudi Aramco sold one of its jack-up drilling rigs to ARO Drilling.

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Jackup Rigs Market 2018 Scope of the report Intended Audience •

Distributer & Supplier companies

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End Users

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Consultants and Investment bankers

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Government as well as Independent Regulatory Authorities

Additional Information •

Regulatory Landscape

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Pricing Analysis

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Macroeconomic Indicators

Company Information •

Profiling of 10 key market players

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In-depth analysis including SWOT analysis, and strategy information of related to report title

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Competitive landscape including emerging trends adopted by major companies

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Jackup Rigs Market- 2018 Key Players 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), • Transocean Ltd. (Switzerland), • Seadrill Limited(Bermuda), • ENSCO Plc (UK), • Halliburton (U.S.) • others.

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