Pune, India -- (SBWIRE) -- 09/12/2018 -- Jackup Rigs Market Highlights:-

Jackup rigs systems are implemented to maximize oil and gas extraction. Additionally, a renewed interest in shale gas extraction has also driven the Jackup rigs market. Moreover, growth of the Jackup rigs market is propelled by factors such as growing offshore activities in the harsh environmental conditions of North Sea and depleting oil and gas reserves in the US Growing demand for deep-water activities in the Asia-Pacific region and further drilling into mid ocean are driving the demand for Jackup rigs globally.
Accrediting the exponential accruals the market is garnering currently, demonstrating the growth prospects globally, Market Research Future, recently published a study report giving out the complete market insights up till 2022. In its analysis MRFR foretells that the global Jackup Rigs market will upsurge exponentially by 2022, registering a striking CAGR during the anticipated period (2016 – 2022).

Worldwide Jackup Rigs Market – Competitive Analysis

The market appears to be highly competitive yet consolidated. Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players.
January 22, 2018 – Borr Drilling (UAE) a rapidly growing drilling contractor confirmed that it is finally buying six out of Nine jack-up rigs of Keppel Corp (Singapore) the deal is reported to be worth $960m, but the confirmation is still awaited.
January 5, 2018 - Rowan Companies plc. (US) announced acquisition of Two Modern Jackup Rigs from Petrobras. Rowan also confirmed that it has concluded the purchase of two LeTourneau Super 116E jackup rigs.

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Top Key Players:-

- Maersk Drilling
- Rowan Companies Inc.
- Noble Corporation plc.
- KCA DEUTAG Ltd.
- Diamond Jackup Inc.
- ENSCO Plc
- Halliburton

Worldwide Jackup Rigs Market – Segmentation

For the convenience of the report and enhanced understanding; the Jackup rigs Market is segmented in to 4 key dynamics

By Type : Comprises Independent leg type, Mat-type jackups.
By Operating Depth : Shallow water, Deep water, and Ultra deep water.
By Application : Oil & Gas and Offshore wind turbine installations.
By Regions : North America, Europe, APAC and Rest of the World.

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Worldwide Jackup Rigs Market – Regional Analysis

Currently, North America, Europe and Africa are the largest markets for offshore drilling rigs and there have been increasing investments in engineering and procurement activity in the oil & gas exploration activities in these regions. Growing demand for deep-water activities in the Asia-Pacific region and further drilling into mid ocean is driving the demand for Jackup rigs in this region. Regions such as Africa and Latin America have emerged as attractive prospects for offshore E&P activities, due to their vast unexplored hydrocarbons reserves.

There have been significant investments made in recent times, in the oil and gas engineering and procurement activities, especially in the Asia-Pacific and Middle East regions, where there is a huge demand for offshore drilling activities.

Major Points From Table Of Content:-

Table Of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Jackup Rigs Market, By Type
5 Global Jackup Rigs Market, By Application
6 Global Jackup Rigs Market, By Application

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7 Regional Market Analysis
7.1 Introduction
7.2 North America
7.2.1 U.S.
7.2.2 Mexico
7.2.3 Rest Of America
7.3 Europe
7.3.1 U.K.
7.3.2 Norway
7.3.3 Rest Of Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 Indonesia
7.4.3 Malaysia
7.4.4 Thailand
7.4.5 Rest Of Asia-Pacific
7.5 Middle East
7.5.1 Saudi Arabia
7.5.2 UAE
7.5.3 Kuwait
7.5.3 Rest Of Middle East

Continued............