NEW YORK, May 10, 2023 /PRNewswire/ -- The offshore drilling rigs market size is estimated to grow by USD 2,821.26 million during 2022-2027. However, the growth momentum will be progressing at a CAGR of almost 3.16% during the forecast period. The market is segmented by type (bottom-supported rigs and floating rigs), application (shallow water, deepwater, and ultra-deepwater), and geography (North America, Middle East and Africa, Europe, APAC, and South America). The market share growth of the bottom-supported rigs segment will be significant during the forecast period. 

Discover market potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. Download the PDF Sample Report

Information Services Market Insights -

  • Vendors: 15+, Including Archer Ltd., China Oilfield Services Ltd., Diamond Offshore Drilling Inc., Helmerich and Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., Noble Corp. Plc, NOV Inc., Parker Drilling Co., Patterson UTI Energy Inc., PR Marriott Drilling Ltd., Precision Drilling Corp., SAIPEM SpA, Schlumberger Ltd., Seadrill Ltd., Stena AB, Transocean Ltd., Valaris Plc, Weatherford International Plc, among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Type (Bottom-supported rigs and Floating rigs), Application (Shallow water, Deepwater, and Ultra-deepwater), and Geography (North America, Middle East and Africa, Europe, APAC, and South America)

To understand more about the information services market, request a Free sample report

In 2017, the offshore drilling rigs market was valued at USD 15,497.32 million. From a regional perspective, North America held the largest market share, valued at 35%. The offshore drilling rigs market size is estimated to grow by USD $ 2,821.26 mn from 2023 to 2027 at a CAGR of 3.16% according to Technavio.

Offshore drilling rigs market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!

Global Offshore drilling rigs market - Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

  • Archer Ltd.
  • China Oilfield Services Ltd.
  • Diamond Offshore Drilling Inc.
  • Helmerich and Payne Inc.
  • KCA Deutag Alpha Ltd.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • NOV Inc.
  • Patterson UTI Energy Inc.
  • PR Marriott Drilling Ltd.
  • Precision Drilling Corp.
  • SAIPEM SpA
  • Schlumberger Ltd.
  • Seadrill Ltd.

Global Offshore Drilling Rigs Market – Market Dynamics

Market Driver

  • Rising investments in upstream oil and gas sector
  • High potential of offshore marginal fields
  • New oil and gas exploration policies

Market Trends

  • Discovery of new oil and gas resources
  • Technological advances in Mobile offshore drilling units (MODUs)
  • Rise in deepwater and ultra-deepwater E and P activities

Market Challenges

  • Environment concerns associated with oil and gas E and P activities
  • The uncertainty associated with low crude oil prices
  • Increasing the use of renewable energy

Drivers, & Challenges have an impact on market dynamics and can impact businesses. To Find more insights download the sample report!

The offshore drilling rigs market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why Buy?

  • Add credibility to strategy
  • Analyzes competitor's offerings 
  • Get a holistic view of the market

Grow your profit margin with Technavio- Buy the Report

What are the key data covered in this Offshore Drilling Rigs Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Offshore Drilling Rigs Market between 2023 and 2027
  • Precise estimation of the size of the Offshore Drilling Rigs Market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the Offshore Drilling Rigs Market industry across North America, Middle East and Africa, Europe, APAC, and South America
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of Offshore Drilling Rigs Market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

Offshore Rental Equipment MarketThe offshore rental equipment market size is estimated to grow at a CAGR of 6.63% between 2022 and 2027. The market size is forecast to increase by USD 7,956.37 million.

Drilling Rig MarketThe drilling rig market is estimated to grow at a CAGR of 6.16% between 2022 and 2027. The size of the market is forecast to increase by USD 15.36 billion.

Offshore Drilling Rigs Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.16%

Market growth 2023-2027

$ 2,821.26 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

2.15

Regional analysis

North America, Middle East and Africa, Europe, APAC, and South America

Performing market contribution

North America at 35%

Key countries

US, Saudi Arabia, China, Russia, and Brazil

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Archer Ltd., China Oilfield Services Ltd., Diamond Offshore Drilling Inc., Helmerich and Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., Noble Corp. Plc, NOV Inc., Parker Drilling Co., Patterson UTI Energy Inc., PR Marriott Drilling Ltd., Precision Drilling Corp., SAIPEM SpA, Schlumberger Ltd., Seadrill Ltd., Stena AB, Transocean Ltd., Valaris Plc, and Weatherford International Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Technavio's Energy Market Reports

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global offshore drilling rigs market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global offshore drilling rigs market 2017 - 2021 ($ million)
  • 4.2 Types Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Types Segment 2017 - 2021 ($ million)
  • 4.3 Applications Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – Applications Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

  • 6.1 Market segments
    • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
  • 6.2 Comparison by Type
    • Exhibit 32: Chart on Comparison by Type
    • Exhibit 33: Data Table on Comparison by Type
  • 6.3 Bottom-supported rigs - Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Bottom-supported rigs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Bottom-supported rigs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Bottom-supported rigs - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Bottom-supported rigs - Year-over-year growth 2022-2027 (%)
  • 6.4 Floating rigs - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Floating rigs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Floating rigs - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Floating rigs - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Floating rigs - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Type 
    • Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Application

  • 7.1 Market segments
    • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
  • 7.2 Comparison by Application 
    • Exhibit 45: Chart on Comparison by Application
    • Exhibit 46: Data Table on Comparison by Application
  • 7.3 Shallow water - Market size and forecast 2022-2027 
    • Exhibit 47: Chart on Shallow water - Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on Shallow water - Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on Shallow water - Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Shallow water - Year-over-year growth 2022-2027 (%)
  • 7.4 Deepwater - Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Deepwater - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Deepwater - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Deepwater - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Deepwater - Year-over-year growth 2022-2027 (%)
  • 7.5 Ultra-deepwater - Market size and forecast 2022-2027 
    • Exhibit 55: Chart on Ultra-deepwater - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Ultra-deepwater - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Ultra-deepwater - Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Ultra-deepwater - Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by Application 
    • Exhibit 59: Market opportunity by Application ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 63: Chart on Geographic comparison
    • Exhibit 64: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027 
    • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 69: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.5 Europe - Market size and forecast 2022-2027 
    • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.6 APAC - Market size and forecast 2022-2027 
    • Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.7 South America - Market size and forecast 2022-2027 
    • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027 
    • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027 
    • Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 Saudi Arabia - Market size and forecast 2022-2027 
    • Exhibit 93: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
  • 9.11 Brazil - Market size and forecast 2022-2027 
    • Exhibit 97: Chart on Brazil - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Brazil - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Brazil - Year-over-year growth 2022-2027 (%)
  • 9.12 Russia - Market size and forecast 2022-2027 
    • Exhibit 101: Chart on Russia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Russia - Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Russia - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Archer Ltd.
    • Exhibit 112: Archer Ltd. - Overview
    • Exhibit 113: Archer Ltd. - Business segments
    • Exhibit 114: Archer Ltd. - Key offerings
    • Exhibit 115: Archer Ltd. - Segment focus
  • 12.4 China Oilfield Services Ltd. 
    • Exhibit 116: China Oilfield Services Ltd. - Overview
    • Exhibit 117: China Oilfield Services Ltd. - Business segments
    • Exhibit 118: China Oilfield Services Ltd. - Key offerings
    • Exhibit 119: China Oilfield Services Ltd. - Segment focus
  • 12.5 Diamond Offshore Drilling Inc. 
    • Exhibit 120: Diamond Offshore Drilling Inc. - Overview
    • Exhibit 121: Diamond Offshore Drilling Inc. - Product / Service
    • Exhibit 122: Diamond Offshore Drilling Inc. - Key offerings
  • 12.6 Helmerich and Payne Inc. 
    • Exhibit 123: Helmerich and Payne Inc. - Overview
    • Exhibit 124: Helmerich and Payne Inc. - Business segments
    • Exhibit 125: Helmerich and Payne Inc. - Key offerings
    • Exhibit 126: Helmerich and Payne Inc. - Segment focus
  • 12.7 KCA Deutag Alpha Ltd. 
    • Exhibit 127: KCA Deutag Alpha Ltd. - Overview
    • Exhibit 128: KCA Deutag Alpha Ltd. - Business segments
    • Exhibit 129: KCA Deutag Alpha Ltd. - Key news
    • Exhibit 130: KCA Deutag Alpha Ltd. - Key offerings
    • Exhibit 131: KCA Deutag Alpha Ltd. - Segment focus
  • 12.8 Nabors Industries Ltd. 
    • Exhibit 132: Nabors Industries Ltd. - Overview
    • Exhibit 133: Nabors Industries Ltd. - Business segments
    • Exhibit 134: Nabors Industries Ltd. - Key news
    • Exhibit 135: Nabors Industries Ltd. - Key offerings
    • Exhibit 136: Nabors Industries Ltd. - Segment focus
  • 12.9 Noble Corp. Plc
    • Exhibit 137: Noble Corp. Plc - Overview
    • Exhibit 138: Noble Corp. Plc - Business segments
    • Exhibit 139: Noble Corp. Plc - Key news
    • Exhibit 140: Noble Corp. Plc - Key offerings
    • Exhibit 141: Noble Corp. Plc - Segment focus
  • 12.10 NOV Inc.
    • Exhibit 142: NOV Inc. - Overview
    • Exhibit 143: NOV Inc. - Business segments
    • Exhibit 144: NOV Inc. - Key offerings
    • Exhibit 145: NOV Inc. - Segment focus
  • 12.11 Parker Drilling Co.
    • Exhibit 146: Parker Drilling Co. - Overview
    • Exhibit 147: Parker Drilling Co. - Product / Service
    • Exhibit 148: Parker Drilling Co. - Key offerings
  • 12.12 Patterson UTI Energy Inc. 
    • Exhibit 149: Patterson UTI Energy Inc. - Overview
    • Exhibit 150: Patterson UTI Energy Inc. - Business segments
    • Exhibit 151: Patterson UTI Energy Inc. - Key news
    • Exhibit 152: Patterson UTI Energy Inc. - Key offerings
    • Exhibit 153: Patterson UTI Energy Inc. - Segment focus
  • 12.13 PR Marriott Drilling Ltd. 
    • Exhibit 154: PR Marriott Drilling Ltd. - Overview
    • Exhibit 155: PR Marriott Drilling Ltd. - Product / Service
    • Exhibit 156: PR Marriott Drilling Ltd. - Key offerings
  • 12.14 Precision Drilling Corp. 
    • Exhibit 157: Precision Drilling Corp. - Overview
    • Exhibit 158: Precision Drilling Corp. - Business segments
    • Exhibit 159: Precision Drilling Corp. - Key offerings
    • Exhibit 160: Precision Drilling Corp. - Segment focus
  • 12.15 SAIPEM SpA
    • Exhibit 161: SAIPEM SpA - Overview
    • Exhibit 162: SAIPEM SpA - Business segments
    • Exhibit 163: SAIPEM SpA - Key offerings
    • Exhibit 164: SAIPEM SpA - Segment focus
  • 12.16 Transocean Ltd.
    • Exhibit 165: Transocean Ltd. - Overview
    • Exhibit 166: Transocean Ltd. - Product / Service
    • Exhibit 167: Transocean Ltd. - Key offerings
  • 12.17 Valaris Plc
    • Exhibit 168: Valaris Plc - Overview
    • Exhibit 169: Valaris Plc - Business segments
    • Exhibit 170: Valaris Plc - Key offerings
    • Exhibit 171: Valaris Plc - Segment focus

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 172: Inclusions checklist
    • Exhibit 173: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 174: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 175: Research methodology
    • Exhibit 176: Validation techniques employed for market sizing
    • Exhibit 177: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 178: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/offshore-drilling-rigs-market-size-to-grow-by-usd-2-821-26-million-from-2022-to-2027--north-america-to-account-for-35-of-the-market-growth--technavio-301819818.html

SOURCE Technavio

Originally published on the BLOX Digital Content Exchange.