Offshore Rig Construction Market to 2015 and Current Rig Deployment Scenario

Hyderabad, Andhra Pradesh -- (SBWire) -- 03/22/2012 --ReportReserve Announces the inclusion of the new Report in the Energy & Utilities Industry.The study, which is an offering from the company’s Energy Research Group, provides an in-depth analysis of the global offshore rig construction market and highlights various concerns, key trends and challenges, along with major companies in the industry. The report provides forecasts for the offshore rig construction industry to 2015. It also provides segmental forecasts of the offshore rig construction market worldwide by rig type, and provides comprehensive data on current offshore rigs deployed globally, by rig type. The report also provides in-depth information on new build rig orders by major offshore drilling contractors, by country of rig manufacturing shipyard, and expected new builds and their expected deployment time. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GBI Research’s team of industry experts.

As most countries which possess commercial potential in terms of their offshore reserves seek to achieve energy self-sufficiency, the offshore exploration and production industry is expected to make significant investments in the discovery and development of new offshore reserves. In turn, this will lead to infrastructure investments by exploration and production companies in the form of new build offshore rigs, particularly for untapped shallow water regions with exploration potential. Subsequently, offshore rig construction expenditure is expected to rise from 2011–2015.

As shallow water drilling activity is expected to substantially rise, the business potential for harshenvironment and premium and ultra-premium jack-up rig construction companies is expected to be strong. Also, at present, rig contractors prefer to acquire rival companies as part of their business strategy in order to gain a competitive edge.

Scope

The report provides in-depth analysis of the major factors affecting the offshore rig construction industry worldwide. Its scope includes -
- Overview and analysis of the global offshore rig construction market to 2015
- Analysis of the historical trends and forecasts to 2015
- Segmental forecasts of offshore rig construction expenditure, by rig type
- Country-specific data with regard to new builds
- Comprehensive data of currently deployed offshore rigs, by rig type
- Analysis of the opportunities and challenges in the global offshore rig construction industry

Reasons to buy

- Develop business strategies with the help of specific insights about the global offshore rig construction industry and the offshore rig deployment situation.
- Identify key trends and challenges in the global offshore rig construction industry.
- Increase future revenues and profitability with the help of insight into the expected demandsupply scenario for offshore rigs worldwide.
- Benchmark your operations and strategies using key insights from current and expected business developments with regard to the offshore rig construction industry.