Offshore Drilling Rigs Market Is Expected to Proliferate at a CAGR of 3.5% Between 2017 and 2022
The offshore drilling rigs market is benefitting from the incessantly increasing demand for energy and technological advancements to harness the most difficult resources to generate energy. An offshore rig is typically a platform to drill underwater wells, extract product, and in most cases also to store oil or gas before it is transported to refineries or other destinations.
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