Global land rigs demand on a path to 30% increase by 2025 from nadir of 2020
Demand for Land Rigs expected to be c. 30% higher in 2025, from the lows of 2020, driven primarily by China, GCC countries and Russia
Net Zero by 2050 – implications for the upstream oil and gas sector of the IEA’s roadmap
The release of the IEA’s Roadmap to Net Zero by 2050 report on 20 May is a potential bombshell for the industry.
The State of Exploration 2021
The State of Exploration report is published at a time which may come to be seen as a watershed moment in the global energy industry.
Farm-out market in 2020: Deal flow at all time low but success rates from wells drilled at a 5 year high
The farm-out market in 2020
Automation – key driver for premium Middle East onshore rig day rates
The Middle East is a significant contributor to onshore rig demand, accounting for c.10% of...
