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Global Rig Count and Contractor Confidence
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Overview
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Global rig count drops, while contractor confidence remains strong. U.S. rig count falls despite rising oil prices. North Sea jack-up rig market faces soft demand and idles rigs.
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How might the drop in worldwide rig count impact the global oil and gas production?
How might the shift in the North Sea jack-up rig market affect the overall energy industry?
What strategies can contractors employ to address the challenges faced in the industry?
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