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
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
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 report is published at a time which may come to be seen as a watershed moment in the global energy industry.
The farm-out market in 2020
The Middle East is a significant contributor to onshore rig demand, accounting for c.10% of...
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