From opening its first liquefied natural gas (LNG) regasification terminal to expanding its LNG plant in Bintulu, Malaysia is committed to increasing its natural gas efforts.
Global drillship construction has reached the 53-unit mark while day rates for deepwater and ultradeepwater rigs continue to reach new highs above $600,000 per day.
The soaring growth in remote deepwater production activities is leading to something of a mixed future for the global, fixed, offshore-platform market.