Offshore drilling is the extraction of oil and gas using drillships, semi-submersibles, jackups, or floaters. Offshore rigs only account for some 15 percent of all operational oil rigs worldwide. By 2026, the market is expected to reach 56.97 billion U.S. dollars, of which drillships would account for 50.7 percent.
Market value of offshore oil drilling worldwide in 2018 and 2026
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
PR Newswire. (April 16, 2020). Market value of offshore oil drilling worldwide in 2018 and 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/737373/global-offshore-drilling-market-size/
PR Newswire. "Market value of offshore oil drilling worldwide in 2018 and 2026 (in billion U.S. dollars)." Chart. April 16, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/737373/global-offshore-drilling-market-size/
PR Newswire. (2020). Market value of offshore oil drilling worldwide in 2018 and 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/737373/global-offshore-drilling-market-size/
PR Newswire. "Market Value of Offshore Oil Drilling Worldwide in 2018 and 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Apr 2020, https://www.statista.com/statistics/737373/global-offshore-drilling-market-size/
PR Newswire, Market value of offshore oil drilling worldwide in 2018 and 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/737373/global-offshore-drilling-market-size/ (last visited December 19, 2024)
Market value of offshore oil drilling worldwide in 2018 and 2026 (in billion U.S. dollars) [Graph], PR Newswire, April 16, 2020. [Online]. Available: https://www.statista.com/statistics/737373/global-offshore-drilling-market-size/