An attention-grabbing remark is that whereas ageing jackups are mobilising into the area, newer items have ended up in Saudi Arabia and proceed to go away for different areas. Because the starting of the yr, Shelf Drilling Perseverance, Valaris 247, Emerald Driller, Topaz Driller, Admarine 502, COSL Seeker and Baltic have entered the APAC area. The youngest of those “new entrants” is 11.4 years and the oldest is 40.7 years. On the finish of the yr, the newbuild Vali will likely be leaving the world.
It’s value noting that APAC consists of Australia, however excludes China, Japan and Korea. The latter two have a transient fleet of rigs that function there when wanted, then typically demobilise again to Southeast Asia.
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