The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi…<p><p>https://www.marinelink.com/news/rig-retirements-set-rise-utilization-525343</p></p>

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Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021

https://www.marinelink.com/news/rig-retirements-set-rise-utilization-525343

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