“Confidence is rapidly returning to the offshore industry and we expect a fundamental recovery of the sector. There is a clear bifurcation in the jack-up market with oil companies increasingly focused on new, high specification rigs for their projects,” said Rob Petty, managing partner of Clearwater.
Keppel to build two jack-up rigs for Clearwater for $360m
“Confidence is rapidly returning to the offshore industry and we expect a fundamental recovery of the sector. There is a clear bifurcation in the jack-up market with oil companies increasingly focused on new, high specification rigs for their projects,” said Rob Petty, managing partner of Clearwater.