Jackup barge demand spreads in Persian Gulf as oil nears $100/b
September 23, 2023 Comments Off
Jackup barges used to develop oil and natural gas fields are getting more expensive as Persian Gulf nations look to increase their production capacities with oil prices near $100/b. The average day rate for jackup barges in the Middle East region is $32,000 this year, up 16% since the end of 2022, according to Petrodata ConstructionVesselBase published by S&P Global…
Jackup barge demand spreads in Persian Gulf as oil nears $100/b
Jackup barges used to develop oil and natural gas fields are getting more expensive as Persian Gulf nations look to increase their production capacities with oil prices near $100/b. The average day rate for jackup barges in the Middle East region is $32,000 this year, up 16% since the end of 2022, according to Petrodata ConstructionVesselBase published by S&P Global…
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