Report: Equipment suppliers will benefit from offshore drilling

02/4/2013 |

Offshore-equipment suppliers stand to benefit this year from recent deep-water finds mixed with a drilling-vessel shortage, according to a report by Barclays. "We anticipate roughly 80 jackups and 50 floaters (drillships) will be delivered into the offshore market over the next two years and expect that relatively few of these units will displace rigs currently working," the report says.

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