Headwinds to tailwinds: how can deepwater rig companies rise to the challenges of a modernised upstream industry

Recovery is a double-edged sword. The balance of risk and reward is difficult to obtain and sustain. Despite the healthier offshore rig market and the opportunities that affords, there are headwinds. In this insight we discuss the key concerns and provide our view on how rig companies can turn current weaknesses and threats into strengths and opportunities. Click through to read: • How are supply chain challenges limiting growth opportunities? • What are the commercial challenges rig companies face? • Why do rig companies view energy transition as a threat versus an opportunity? • Can the market attract and retain a new generation of workers? The Wood Mackenzie Upstream Supply Chain Service delivers a complete set of solutions for offshore drilling and rigs, subsea, marine construction, and offshore facilities. The result is a comprehensive outlook that helps you understand supply and demand, benchmark against peers, assess costs, and confidently guide strategy.