Offshore

uteseileren
03.05.2019 kl 11:23 3384

Jack-up market improving. On a positive note, the QatarGas contracts confirm a solid
jack-up market for high-quality rigs and it is absorbing supply, although we believe
Seadrill/GDI will fill parts of the requirement with stranded Chinese newbuilds. Marketed
utilisation for premium jack-ups is now 76%, up from 67% a year ago. We see most spot
contracts being in the USD60–80k range, up from USD40–60k nine months ago, while
the forward market (like the Qatar contracts) is at premium to this level. Hence, as the
jack-up market is highly transactional, there are other contract opportunities that Borr
could participate in, but it may accept lower dayrates in the spot market.

Rapportér innlegg

Vennligst skriv inn kommentar på hva du mener er upassende og trykk send. Dersom kommentar ikke er nødvendig, vennligst trykk send direkte.
E-postadressen brukes kun for å få kontakt med deg i forbindelse med advarselen.
E-postadressen brukes kun for å få kontakt med deg i forbindelse med advarselen.