The global Offshore Drilling Rigs market Size is expected to register a CAGR of ~ 6.80% from 2023 to 2032 and hold a value of over USD 127.6 billion by 2032. Offshore drilling rigs are specialized structures used for drilling oil and gas wells in offshore environments, such as the sea bed. These rigs can range from large, fixed structures to smaller, floating platforms and are equipped with a...

The offshore drilling rigs market is expected to grow from USD 75.4 billion in 2023 to USD 127.6 billion by 2032, registering a CAGR of 6.80% during the forecast period. Offshore drilling rigs are used to explore and produce oil and gas from beneath the seabed. They are complex and expensive machines, but they are essential for meeting the world's growing energy demand. Offshore drilling...