Offshore drilling rigs market is likely to witness an impressive CAGR of 9.1% during the forecast period. The demand for offshore drilling rigs is driven mainly by rising expenditure on production and exploration coupled with the growing demand for energy from emerging economies.

Offshore drilling rigs market is likely to witness an impressive CAGR of 9.1% during the forecast period. The demand for offshore drilling rigs is driven mainly by rising expenditure on production and exploration coupled with the growing demand for energy from emerging economies.