The Jack Up Rig Market size is expected to grow at an annual average of 1% during 2021-2027. A jack-up rig is a mobile platform used as a search drilling platform and an offshore platform consisting of a buoyant hull with movable legs that can lift the hull above the sea surface. A buoyant hull […]
Tag Archives: Jack Up Rig Market
Jack-up rig market volume is expected to reach 578 units in 2024, growing at a CAGR of 1% during the period spanning 2021-2027 The growth of the market is supported by factors such as increasing urban population, growing GDP per capita and soaring global offshore drilling market. The market is expected to witness certain trends […]