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Offshore rig counts see two consecutive months of rises
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Found an interesting story?
Offshore rig counts see two consecutive months of rises
The global count of working offshore rigs has inched up again, which makes two consecutive months of net gains after nearly a year of steady declines.
While registering a month-on-month increase of 9.4% from April, Latin America was the only region to enjoy a year-on-year rise, according to the latest figures from US oil-services giant Baker Hughes Inc (BHI).
Latin America’s May 2017 count surpassed May 2016 by a significant 16.7%, while all other regions were well below their
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