Title: Global Jackup Rig Market Report: 2016 Edition - New Report by Koncept Analytics
1Global Jackup Rig Market Report
----------------------------------------- 2016
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- Executive Summary
- Jackups are mobile, self-elevating drilling
platforms equipped with legs that can be lowered
to the ocean floor until a foundation is
established for support. The rig hull includes
the drilling rig, jacking system, crew quarters,
loading and unloading facilities, storage areas
for bulk and liquid materials, helicopter landing
deck and other related equipment. - Jackup rigs are deployed in all major offshore
production basins but are particularly numerous
in the Middle East, South East Asia, the US GOM
and the North Sea. The largest, most modern
Jackups can operate in water depths of up to 490
feet. Jackups drill through slots in their deck
or have the ability to extend the drilling
equipment out over the side of the deck a
cantilever. - The key factors driving the growth of the Jackup
rig market are accelerating economic growth,
growing population worldwide, increasing oil
demand and investment growth in offshore drilling
exploration activities. Some of the noteworthy
trends and developments of this industry are rise
in shallow water rig constriction activity,
rapidly growing demand for premium and
ultra-premium jackups and offshore demand to
remain under pressure. However, the expansion of
global Jackup rig market is hindered by oil price
volatility and EP capex cuts and depletion of
oil reserves. - The report Global Jackup Rig Market provides an
in-depth analysis of the Jackup rig market, with
a focus on major regions. The major trends,
growth drivers as well as issues being faced by
the industry are being presented in this report.
The major players in the industry, Keppel
Corporation, Sembcorp Industries and Cosco
Corporation are being profiled. - By combining SPSS Inc.s data integration and
analysis capabilities with our relevant findings,
we have predicted the future growth of the
industry. We employed various significant
variables that have an impact on this industry
and created regression models with SPSS Base to
determine the future direction of the industry.
Before deploying the regression model, the
relationship between several independent or
predictor variables and the dependent variable
was analyzed using standard SPSS output,
including charts, tables and tests.
3The crude oil prices and demand from emerging
countries are major factors to drive the market
Global Jackup Rig Market by Fleet Size (2005-2015)
- The global count of jackup rigs has increased to
units in 2015 from in 2014, showing an
incline of . - Chinese had a market share of in 2014, up from
in 2010. The market share of Singaporean yards
has fallen from to over the same period. - As of 2015, experienced owners and
shipyards/manufacturers accounted for the largest
share of of each in the global jackup
orderbook. It was followed by CS coverage,
operator owned, investment vehicles and Mexican
operators with share of , , and
respectively.
Global Jackup Rig Market Share by Region
(2007-2015)
Global Jackup Orderbook Breakdown (2015)
4Increasing oil demand and investment growth in
offshore drilling exploration activities are
driving the market.
Share of New Jackup Orderbook (2015)
- In 2015, un-contracted speculators accounted for
the largest share with in overall jackup order
book. The un-contracted established drillers and
contracted established drillers held and
share respectively. - In terms of specification the global high spec
was recorded at US... in January 2016, followed
by 350IC, 300-349IC, lt300IC and IS, MS, MC
with US139,013., US...., US.... and US....
respectively. - As of 2015, a total of jackup rigs were
delivered with Chinese shipyard claiming the
maximum share and record for the largest number
of rig deliveries.
Global Jackup Day Rates by Rig Specification (Jan
2008-Jan 2016)
Global Jackup Delivery by Volume (2006-2015)
5The future outlook would mainly be driven by
increasing oil and energy demand and global
population
Global Jackup Rigs Market Forecast (2015-2019E)
- The global jackup rigs market is estimated to
grow at a CAGR of from units in 2014 to
units in 2019. - With rising demand of oil, increasing energy
demand, growing GDP and global population, demand
of jackup rig market is increasing at a very fast
pace.
6Contact Us
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These are abridged and sanitized sample pages
from the comprehensive report on the Global
Jackup Rig Market . To know more about this
report or for any customized research
requirement, please contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com