London-listed Braemar already has a presence in the offshore support vessel market but the company would like to enter the high value drillship and rig sectors.

Speaking after its half year results announcement today, chief executive James Kidwell said. “Because of the softening oil price you could say it’s not a good time to get into that. But in the long run it’s probably a market we would wish to be in, not least because our technical services guys provide support to the very same people that in broking terms we would love to address.

“So