In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all the hatches welded, cutting the costs to a minimum.
[pdf] According to data from Westwood’s RigLogix, the global offshore rig fleet size ended 2023 at 728 jackups, semisubs and drillships, down by a net one rig from the end of 2022. This is a considerable slowdown in supply shrinkage over the past several years.
[pdf] Seadrill has the most modern fleet of all the major offshore drillers. Our versatile fleet includes drillships, jack-up, semi-submersibles and tender rigs fit for shallow to ultra-deepwater areas, in both harsh and benign environments.
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