Offshore Rigs Tracker
The Offshore Rigs Tracker offers the African petroleum industry the opportunity to track rigs’ movements and drilling campaigns offshore sub-Saharan Africa. It is released every quarter by Hawilti in partnership with the Caverton Offshore Support Group (COSG) Plc.
The tracker is an important tool and business barometer for the African upstream oil & gas industry and its suppliers. It is meant as an indicator of upstream dynamics in sub-Saharan Africa, both for exploration and production.
Users are advised that the Rigs Tracker covers only offshore drilling activity (shallow- and deep-water) and does not cover onshore and swamp areas. It focuses on sub-Saharan Africa only.
The latest version of the Offshore Rigs Tracker was released in June 2023. Next release is scheduled for September 2023.
Africa’s offshore rigs count has kept growing since the start of 2023, with 36 drilling rigs contracted this year so far. Recent contract extensions and new contract awards have confirmed 2023 as one of the biggest years for offshore drilling activity on the continent in a decade.
Despite a very tight offshore rig supply market, 2023 might set a new 10-year high for Africa’s offshore drilling market as several development, infill, and exploration campaigns get executed this year.