Esgian Webinar

Date: Tue, 17 December
Time: 14:00 - 14:30 GMT
Location: Online

Over the past year, the anticipated “super-cycle” for offshore rigs has encountered headwinds, with Saudi Aramco suspending jackup contracts and the projected demand for floating rigs being pushed further into the future.

Join Esgian’s team of expert rig analysts on December 17th at 3:00 PM for their final 30-minute webinar of the year. Esgian will review the developments in offshore rig demand, day rates, and values throughout 2024, and provide a forecast for the offshore rig market in 2025.

Additionally, Esgian will share insights on why they believe the “super-cycle” is still very much alive.

Agenda:

Review of 2024 offshore rig market
•    Jackup market: Effects of Aramco suspensions on the jackup market globally
•    Floating rig market in 2024

2025 forecast
•    Jackup outlook: Middle East and other key regions
•    Slow start to the year for floating rigs in 2025: Key regions for the floating rig market

Long term look ahead – the continuing super cycle in 2026 and beyond
•    North Sea
•    2024 – supply and status fluctuations in the North Sea
•    2025 outlook – diverging futures for UK and Norway?

Offshore Rig Values development in 2024:
•    Jackup market: Impact of Aramco and Pemex suspensions on market dynamics
•    Floater market: how are high-spec rigs holding tight through industry challenges

Esgian's Rig Valuation approach
•    Insights into Fair Market Value (FMV)

Offshore Rig Values forecast
•    Short-term outlook: Navigating imminent industry challenges
•    Long-term predictions: Yes! The super cycle is still on the horizon

Register   l   

KeyFacts Energy Industry Directory: Esgian