Research and Markets: Global and Chinese Offshore Rig Industry Report, 2011

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f0dc8a/global_and_chinese) has announced the addition of the "Global and Chinese Offshore Rig Industry Report, 2011" report to their offering.

“Global and Chinese Offshore Rig Industry Report, 2011”

Offshore Rig Can Be Divided into 8 Categories:

• Drill Barge
• Drillship
• Inland Barge
• Jack-up
• Platform Rig
• Semisub
• Submersible
• Tender

Drillship, jack-up and semisub are the most common. As of Dec.15, 2011, there had been 54 drillships under construction, with the unit price of USD550 million - 650 million; 67 jack-ups under construction, with the unit price of USD140 million -230 million; 16 semisubs under construction, with a large price range. The rigs in harsh waters (such as South China Sea, Gulf of Mexico, North Sea) are expensive, for instance, China's "Offshore Oil 981" costs USD950 million; while a rig working in peaceful waters (such as the waters in West Africa) just values USD150 million. Undoubtedly, drillships take a lion's share, 55%, in the offshore rig market. Drillships are mainly used in the waters with the depth of more than 3,000 feet. Currently, most of the drillships under construction have the rated water depth of 10,000-12,000 feet, and their maximum drilling depth is generally 35,000-40,000 feet. The drillship Sedco No.445 designed by Earl & Wright in 1971, built by Japan's Mitsui and managed by Sedco is the world's first drillship, with the largest rated water depth of 7,200 feet. As yet, the drillship is still at work, but it is rendered to detect seabed mineral resources, rather than drilling.

Key Topics Covered By "Global and Chinese Offshore Rig Industry Report, 2011":

• Overview of Marine (Offshore) Engineering
• Rig Market and Industry
• Rig Operators
• Rig Builders

Companies Mentioned:

• ATWOOD OCEANICS
• CIMC Yantai Raffles
• COSCO Shipyard
• China Oilfield Services
• DIAMOND OFFSHORE
• DSME
• Dalian Shipbuilding Heavy Industry Group Offshore Engineering
• ENSCO
• Hyundai Heavy Industries
• KEPPEL
• LAMPRELL
• MAERSK DRILLING
• NOBLE
• PETROBRAS
• ROWAN
• SAIPEM
• SEADRILL
• SEMBCORP
• STX
• STX Dalian
• STX Marine Engineering
• Samsung Heavy Industries
• Shanghai Shipyard
• Shenzhen Chiwan Sembawang Engineering
• TRANSCOCEAN

For more information, including full table of contents, please visit http://www.researchandmarkets.com/research/f0dc8a/global_and_chinese