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Northwest Europe MODU Market: Could 2019 Demand Exceed Availability?

Research

Publication Date: 12 Mar 2019 - By Westwood G. By Westwood G.

Macro Commodity EU Energy

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Since the oil price crash in 2014, the global mobile offshore drilling unit (MODU) market has suffered through a rig demand collapse, which coupled with a vast oversupply of units resulted in dismal utilisation and dwindling day rates.

Northwest Europe MODU Market: Could 2019 Demand Exceed Availability

Source: Westwood Global Energy

Pages: 2

Released: 12 Mar 2019

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Westwood G.

Energy

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