The global offshore drilling rigs market is estimated to be valued at US$ 86.87 Bn in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
SWOT Analysis
Strength:
- Offshore drilling rigs have very high productivity and efficiency in extracting oil and gas from...