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Westwood Insight – US Gulf drillship fleet heading into rough waters

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The US Gulf drillship sector is facing a lull in activity not seen since 2018. With marketed utilisation for this segment staying above 90% since mid-2021, near-term availability in the region has been very tight. For the period from October 2021 through April 2023, marketed utilisation stood at 100%. As of early March 2025, marketed ...

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