{"id":16027,"date":"2023-12-18T13:54:16","date_gmt":"2023-12-18T13:54:16","guid":{"rendered":"https:\/\/www.westwoodenergy.com\/?p=16027"},"modified":"2025-04-16T14:27:26","modified_gmt":"2025-04-16T13:27:26","slug":"weekly-global-offshore-rig-counts-2023","status":"publish","type":"post","link":"https:\/\/www.westwoodenergy.com\/news\/infographics\/weekly-global-offshore-rig-counts-2023","title":{"rendered":"Weekly Global Offshore Rig Counts 2023"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text css=”” text_direction=”default”]Weekly offshore rig count totals for jackup and floating drilling rigs across the key global regions, with data provided by RigLogix.<\/strong>[\/vc_column_text][divider line_type=”No Line” custom_height=”30″][vc_column_text]Rig counts from other years;[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/5″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_btn size=”medium” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”2025 Counts” url=”https:\/\/www.westwoodenergy.com\/news\/infographics\/weekly-global-offshore-rig-counts”][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/5″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_btn size=”medium” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”2024 Counts” url=”https:\/\/www.westwoodenergy.com\/news\/infographics\/weekly-global-offshore-rig-counts-2024″][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/5″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_btn size=”medium” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”2022 Counts” url=”https:\/\/www.westwoodenergy.com\/news\/infographics\/weekly-global-offshore-rig-counts-2022″][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/5″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_btn size=”medium” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” text=”2021 Counts” url=”https:\/\/www.westwoodenergy.com\/news\/infographics\/weekly-global-offshore-rig-counts-2021″][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/5″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][\/vc_column_inner][\/vc_row_inner][divider line_type=”No Line” custom_height=”30″][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][tabbed_section style=”default” tab_change_animation=”fade” alignment=”left” spacing=”default” tab_color=”Accent-Color” vs_content_animation=”fade” vs_link_animation=”opacity” vs_navigation_alignment=”left” vs_navigation_width_2=”25%” vs_navigation_func=”default” vs_navigation_width=”regular” vs_navigation_spacing=”15px” vs_navigation_mobile_display=”visible” vs_tab_spacing=”5%”][tab icon_family=”none” title=”December 2023″ id=”1744809996637-6″ tab_id=”1744809996638-7″][vc_column_text]The global jackup count in December rose by one, ending the month at 408. There are over 40 jackup requirements at a tender or pre-tender stage, with a start date in the next six months, equating to an approximate potential backlog of 52 years of work. For floating rigs, the rig count in December fell by two units, finishing at 147 units under contract or committed for work. The North Sea, West Africa and South America each recorded a one-rig decline, while the count in Australia rose by one. There is increased potential for availability of floaters in the first half of this year, however there is still nine years of potential work up for grabs for these deepwater units commencing in the same period.<\/p>\n[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%204th%20December,407,145|Monday%2011th%20December,408,146|Monday%2018th%20December,409,149[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 51 <\/strong>as of Monday 18th December, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”16014″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/12\/Week-51-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”16017″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/12\/Week-51-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 50 <\/strong>as of Monday 11th December, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15990″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/12\/Week-50-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15991″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/12\/Week-50-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 49 <\/strong>as of Monday 4th December, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15976″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-49-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15977″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-49-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”November 2023″ id=”1744809997030-9″ tab_id=”1744809997031-8″][vc_column_text]The global jackup count in November rose by three, ending the month at 407. Among the major areas tracked, the North Sea count declined by one rig, while the Middle East count increased by two units. We expect little change for the remainder of 2023 and into early 2024 as outstanding tenders for new work should counter any rigs that might be released from contracts. For floating rigs, the rig count in November fell by three units, finishing at 148 units under contract or committed for work. The North Sea and West Africa recorded one and two-rig declines, respectively, while the count in South America rose by one rig. Looking ahead, additional rigs could be released in the North Sea and US Gulf of Mexico, but like with jackups, there are a number of contract awards pending, some of which will be made in the next 60 days and could involve currently idle units.[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%206th%20November,404,151|Monday%2013th%20November,408,150|Monday%2020th%20November,407,150|Monday%2027th%20November,407,148[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 48 <\/strong>as of Monday 27th November, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15966″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-48-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15967″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-48-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 47 <\/strong>as of Monday 20th November, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15940″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-47-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15941″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-47-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 46 <\/strong>as of Monday 13th November, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15893″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-46-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15894″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/11\/Week-46-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 45 <\/strong>as of Monday 6th November, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15877″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-45-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15878″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-45-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”October 2023″ id=”1744809997531-6″ tab_id=”1744809997532-5″][vc_column_text]\n
The global jackup rig count ended the month of October with seven more rigs contracted\/commited for work versus where it started, jumping from 399 to 406 during the month. The total of 406 is the highest contracted\/committed rig count so far in 2023. Rig gains in October took place in the several regions, including the Middle East, West Africa, the North Sea and India, while the count in Southeast Asia was unchanged. In November, additional rig contracts should be in place for units to work offshore India, with counts in other regions remaining stable.<\/div>\n
<\/div>\n
The floating rig contracted\/committed rig count also saw a substantial increase during October, rising from 146 to 153 by the end of the month. Two idle rigs in the North Sea signed new contracts in October, with one of them headed to India next year. Meanwhile, the rig count was unchanged in both South America and West Africa. Demand for floating rigs continues to be strong, especially in the so-called golden Triangle area (US Gulf of Mexico, South America and West Africa), and demand in Southeast Asia is also beginning to improve.<\/div>\n[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%202nd%20October,399,146|Monday%209th%20October,402,148|Monday%2016th%20October,403,151|Monday%2023rd%20October,401,152|Monday%2030th%20October,406,153[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 44 <\/strong>as of Monday 30th October, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15850″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-44-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15851″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-44-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 43 <\/strong>as of Monday 23rd October, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15841″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-43-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15842″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-43-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 42 <\/strong>as of Monday 16th October, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15825″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-42-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15826″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-42-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 41 <\/strong>as of Monday 9th October, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15799″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-41-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15800″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-41-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 40 <\/strong>as of Monday 2nd October, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15778″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-40-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15779″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/10\/Week-40-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”September 2023″ id=”1744809998258-10″ tab_id=”1744809998258-9″][vc_column_text]The global jackup count in September increased by one unit during the month from 400 to 401. A five-rig increase in the Middle East (164 to 169) was partially offset by a one-rig decline in Southeast Asia. With options mostly being exercised for contracts in most of the major jackup markets, and with outstanding tenders yet to see rig awards, we expect the jackup count to remain at the level seen during the past several months. For floating rigs, the rig count in September was also up by one rig from 145 to 146. One-rig changes, both up and down, were seen in the North Sea and South America, but overall there was little change. This market, however, remains below the high count of 151, which was reached in both May and July, so there is room for improvement in the coming months. The pace of rig contract awards in recent months has slowed down, but as oil companies make their ways through budget planning we expect the number of awards to pick up in the next few months.[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%204th%20September,400,145|Monday%2011th%20September,400,145|Monday%2018th%20September,397,144|Monday%2025th%20September,401,146[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 39 <\/strong>as of Monday 25th September, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15751″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/09\/Week-39-2023-Jackups-v2.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15752″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/09\/Week-39-2023-Floaters-v2.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 38 <\/strong>as of Monday 18th September, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15718″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/09\/Week-38-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15719″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/09\/Week-38-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 37 <\/strong>as of Monday 11th September, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15693″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/09\/Week-37-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15694″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/09\/Week-37-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 36 <\/strong>as of Monday 4th September, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15640″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-36-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15641″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-36-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”August 2023″ id=”1744809998772-6″ tab_id=”1744809998773-4″][vc_column_text]During a volatile month, the global jackup count finished down four units at 396, after beginning the month at 400. Declines were seen in the Middle East and West Africa, while the North Sea and Southeast Asia each saw one-rig increases. Looking ahead, rigs will continue to begin new work while others come off contracts, but we believe the global count will remain in the 5-6 rig range seen over the past several months of the year.<\/p>\n

For floating rigs, the global count moved down by seven during August, from 149 to 142 at the end of the month. Several regions experienced declines, including South America, Africa and the US Gulf of Mexico. However, we believe this is a temporary situation as the number of outstanding rig tenders and upcoming planned work will likely reabsorb most or all of these units over the next few months.[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%207th%20August,400,149|Monday%2014th%20August,398,148|Monday%2021st%20August,402,148|Monday%2028th%20August,396,142[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 35 <\/strong>as of Monday 28th August, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15633″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-35-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15634″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-35-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 34 <\/strong>as of Monday 21st August, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15589″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-34-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15590″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-34-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 33 <\/strong>as of Monday 14th August, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15580″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-33-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15588″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/08\/Week-33-2023-Floaters-v2.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 32 <\/strong>as of Monday 7th August, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15552″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-32-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15553″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-32-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”July 2023″ id=”1744809999368-6″ tab_id=”1744809999369-5″][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%203rd%20July%202023,402,149|Monday%2010th%20July%202023,402,150|Monday%2017th%20July%202023,401,151|Monday%2024th%20July%202023,401,151|Monday%2031st%20July%202023,398,150[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 31 <\/strong>as of Monday 31st July, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15537″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-31-2023-Jackups-1.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15536″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-31-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 30 <\/strong>as of Monday 24th July, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15524″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-30-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15526″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-30-2023-Floaters-v2.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 29 <\/strong>as of Monday 17th July, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15517″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-29-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15518″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-29-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 28 <\/strong>as of Monday 10th July, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15488″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-28-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15489″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/07\/Week-28-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 27 <\/strong>as of Monday 3rd July, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15460″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-27-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15461″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-27-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”June 2023″ id=”1744810000069-0″ tab_id=”1744810000070-6″][vc_column_text]\n

The global jackup count in June increased by one, ending the month at 403. Fleet utilisation averaged 93% during the month, essentially flat from May levels. However, in June Southeast Asia continued its upward rig count climb, increasing from 39 to 41 contracted\/committed units. With expected jackup tenders upcoming in the Middle East and a new five-rig tender just out in India, the number of cold stacked units that are reactivated will likely increase and deals will likely be made that will result in additional newbuild units being delivered, albeit not entering the fleet until 2024. Nevertheless, the number of units signed for contracts should continue its growth pattern the remainder of 2023.<\/div>\n
<\/div>\n
The global floating rig count in June was 148, down one from May’s average of just over 149. However, activity in the main floating rig regions of the world, the US Gulf of Mexico, Africa and South America, remained strong. The disparity between drillship utilisation (96%) and semi utilisation (86%) has narrowed from levels earlier this year, and the low number of available drillships should result in improved semi demand over time. In addition, the harsh environment semi market is now sold out, as activity in Africa and Australia have taken previously idle rigs out of the North Sea.<\/div>\n[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%205th%20June%202023,402,148|Monday%2012th%20June%202023,401,149|Monday%2019th%20June%202023,402,148|Monday%2026th%20June%202023,403,148[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 26 <\/strong>as of Monday 26th June, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15433″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-26-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15431″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-26-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 25 <\/strong>as of Monday 19th June, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15418″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-25-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15419″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-25-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 24 <\/strong>as of Monday 12th June, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15395″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-24-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15396″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/06\/Week-24-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 23 <\/strong>as of Monday 5th June, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15387″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-23-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15388″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-23-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”May 2023″ id=”1744810000748-9″ tab_id=”1744810000748-3″][vc_column_text]The global rig count finished May one rig ahead of where it started, ending the month at 401. One-rig gains and losses were seen in the North Sea and Middle East, while the count in Southeast Asia was unchanged at 38. With the summer months starting, we expect rig contracting to pick up in most areas, although a supply shortage is constraining any large-scale gains. For floating rigs, the count was overall unchanged in May, although the past few weeks did see a three-rig drop from the 151-rig high that took place mid-month. Demand in the North Sea and South America was unchanged, while West Africa, the US Gulf of Mexico and Southeast Asia all saw rigs released from contracts during the month.[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%201st%20May%202023,400,148|Monday%208th%20May%202023,401,149|Monday%2015th%202023,403,151|Monday%2022nd%202023,402,151|Monday%2029th%202023,401,148[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 22 <\/strong>as of Monday 29th May, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15374″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-22-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15375″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-22-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 21 <\/strong>as of Monday 22nd May, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15335″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-21-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15336″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-21-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 20 <\/strong>as of Monday 15th May, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15315″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-20-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15316″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-20-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 19 <\/strong>as of Monday 8th May, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15285″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-19-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15286″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-19-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 18 <\/strong>as of Monday 1st May, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15249″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-18-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15250″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/05\/Week-18-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”April 2023″ id=”1744810001471-1″ tab_id=”1744810001471-1″][vc_column_text]\n
The global jackup rig count for March 2023 averaged 397, a one-rig increase from February. The number of committed units rose by two in Southeast Asia, while one-rig fluctuations took place in the North Sea and elsewhere. Looking ahead, planned jackup tenders in the Middle East and India will likely result in some additional cold stacked or newbuild units entering the fleet, and an increase in the number of committed units should take place.<\/div>\n
<\/div>\n
For floating rigs, the number of committed units increased by two in March, averaging 149 for the month. Although West Africa saw a one-rig decline during the month, demand elsewhere resulted in the net increase. Expected contract awards in Brazil and other areas are expected to result in some currently idle or newbuild units receiving contracts and undergoing reactivation in the coming months. However, short periods of idle time could take place in the next few months, but we do not expect any significant downtime to occur.<\/div>\n[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%203rd%20April%202023,400,149|Monday%2010th%20April%202023,400,149|Monday%2017th%20April%202023,402,149|Monday%2024th%20April%202023,396,149[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 17 <\/strong>as of Monday 24th April, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15233″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/04\/Week-17-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15234″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/04\/Week-17-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 16 <\/strong>as of Monday 17th April, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15208″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/04\/Week-16-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15209″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/04\/Week-16-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 15 <\/strong>as of Monday 10th April, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15186″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/04\/Week-15-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15187″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/04\/Week-15-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 14 <\/strong>as of Monday 3rd April, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15170″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-14-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15171″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-14-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”March 2023″ id=”1744810002103-6″ tab_id=”1744810002103-5″][vc_column_text]The global jackup rig count rose by a net of 8 units in March, rising from 390 to 398 at the end of the month. Southeast Asia demand declined by 2, while demand in the Middle East increased by a net of 2 units. NO fewer than 4 jackups mobilized from one region to another, with movement in and out of India, the Black Sea, the Far East, Australia, Southeast Asia and the Middle East. In the coming months, additional units will mobilize to the Middle East as reactivations and other shipyard work is completed and those rigs move to begin contracts for Saudi Aramco and other operators in the region.<\/p>\n

Floating rig demand in March rose by 2 units to 148 at the end of the month. The gain came from the North Sea, where demand there rose by 2. In the coming months, drillship utilization will remain above 95% as strong demand continues for those rigs. We also expect demand for semisubmersibles to rise gradually during the rest of the year.[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%206th%20March%202023,390,146|Monday%2013th%20March%202023,396,145|Monday%2020th%20March%202023,399,148|Monday%2027th%20March%202023,398,148[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 13 <\/strong>as of Monday 27th March, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15134″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-13-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15135″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-13-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 12 <\/strong>as of Monday 20th March, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15113″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-12-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15114″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-12-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 11 <\/strong>as of Monday 13th March, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15109″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-11-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15108″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/03\/Week-11-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 10 <\/strong>as of Monday 6th March, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15078″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-10-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15079″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-10-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”February 2023″ id=”1744810002789-6″ tab_id=”1744810002789-7″][vc_column_text]The global jackup count during February rose by a net of 1 rig to 391 at the end of the month. The counts in every major region, including the North Sea, Middle East and Southeast Asia, were unchanged. However, since the start of the year, the jackup count is down by 5 units, although we expect it to recover to and even exceed current levels in upcoming months.<\/p>\n

For floating rigs in February, the global rig count dropped by a net of 1 rig to 146. The rig count in Southeast Asia fell by 2 during the month, but that was offset by a 1-rig pickup in Africa. For the first two months of 2023, the floating rig count worldwide is up after reaching a low of 143 during the final week of January.[\/vc_column_text][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%206th%20February%202023,390,147|Monday%2013th%20February%202023,389,147|Monday%2020th%20February%202023,390,147|Monday%2027th%20February%202023,391,146[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 9 <\/strong>as of Monday 27th February, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15053″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-9-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15054″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-9-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 8 <\/strong>as of Monday 20th February, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15013″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-8-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”15014″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-8-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 7 <\/strong>as of Monday 13th February, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14989″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-7-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14990″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/02\/Week-7-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 6 <\/strong>as of Monday 6th February, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14984″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-6-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14985″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-6-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][\/tab][tab icon_family=”none” title=”January 2023″ id=”1744810003486-3″ tab_id=”1744810003486-1″][vc_table vc_table_theme=”classic”]Global%20Rig%20Count%20As%20of%20Date,Global%20Jackup%20Rig%20Count%20Total,Global%20Floating%20Rig%20Count%20Total|Monday%202nd%20January,396,145|Monday%209th%20January,395,145|Monday%2016th%20January,398,144|Monday%2023rd%20January,394,144|Monday%2030th%20January,391,143[\/vc_table][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 5 <\/strong>as of Monday 30th January, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14966″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-5-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14967″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-5-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 4 <\/strong>as of Monday 23rd January, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14953″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-4-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14954″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-4-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 3 <\/strong>as of Monday 16th January, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14907″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-3-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14908″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2023\/01\/Week-3-2023-Floaters.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][\/vc_row_inner][divider line_type=”Full Width Line” line_thickness=”5″ divider_color=”extra-color-1″][vc_column_text]The global offshore rig count for jackup and floating rigs for week 2 <\/strong>as of Monday 9th January, 2023<\/strong>[\/vc_column_text][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][nectar_image_with_hotspots image=”14840″ preview=”https:\/\/www.westwoodenergy.com\/wp-content\/uploads\/2022\/12\/Week-2-2023-Jackups.png” color_1=”Accent-Color” hotspot_icon=”plus_sign” tooltip=”hover” tooltip_shadow=”none”][\/nectar_image_with_hotspots][\/vc_column_inner][vc_column_inner column_padding=”padding-2-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ 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