1. Executive Summary
1.1 The Mobile Offshore Drilling Unit (MODU) Market Overview
1.2 Drivers and Restraints in the Mobile Offshore Drilling Unit (MODU) Market
1.2.1 Drivers
1.2.2 Restraints
1.3 Highlights of the Report
1.4 Benefits of this Report
1.5 Methodology
1.6 The Global Mobile Offshore Drilling Unit (MODU) Market Forecast 2012-2022
1.7 The Regional Mobile Offshore Drilling Unit Market (MODU) Forecast 2012-2022
1.8 The Mobile Offshore Drilling Unit (MODU) Submarket Forecast 2012-2022
2. Introduction to the Global Mobile Offshore Drilling Unit (MODU) Market
2.1 History of the MODU Market
2.2 Jackup Rigs
2.3 Semisubmersible Rigs
2.4 Drill-ships
2.5 Drill Barges
2.6 Spar Platforms
2.7 Submersible Rigs
2.8 Mobile Offshore Drilling Unit (MODU) Construction
2.9 Leasing, Day Rates and Utilisation
3. The Global Mobile Offshore Drilling Unit (MODU) Market 2012-2022
3.1 The Global MODU Market Forecast 2012-2022
3.2 The MODU Submarket Share Forecast 2012-2022
3.3 The Drill-ship Submarket Forecast 2012-2022
3.4 The Semisubmersible Submarket Forecast 2012-2022
3.5 The Jack up Submarket Forecast 2012-2022
3.6 The Miscellaneous Offshore Drilling Unit Submarket Forecast 2012-2022
4. The Regional Mobile Offshore Drilling Unit (MODU) Market Forecast 2012-2022
4.1 The Latin American MODU Market Forecast 2012-2022
4.1.1 The Brazilian MODU Market
4.1.2 The Mexican MODU Market
4.1.3 The Venezuelan MODU Market
4.1.4 The Rest of the Latin American MODU Market
4.2 The Asia Pacific MODU Market Forecast 2012-2022
4.2.1 The Indian MODU Market
4.2.2 The Chinese MODU Market
4.2.3 The Indonesian MODU Market
4.2.4 The Vietnamese MODU Market
4.2.5 The Thai MODU Market
4.2.6 The Filipino MODU Market
4.2.7 The Malaysian MODU Market
4.2.8 The Bruneian MODU Market
4.2.9 The Oceania MODU Market
4.3 The North American MODU Market Forecast 2012-2022
4.3.1 The US MODU Market
4.3.2 The Canadian MODU Market
4.4 The African MODU Market Forecast 2012-2022
4.4.1 The Nigerian MODU Market
4.4.2 The Angolan MODU Market
4.4.3 The Rest of Africa MODU Market
4.5 The European MODU Market Forecast 2012-2022
4.5.1 The Norwegian MODU Market
4.5.2 The British MODU Market
4.5.3 The Dutch MODU Market
4.6 The Middle Eastern MODU Market Forecast 2012-2022
4.6.1 The Saudi Arabian MODU Market
4.6.2 The Israeli MODU Market
4.6.3 The Rest of the Middle Eastern MODU Market
4.7 The Eurasian MODU Market Forecast 2012-2022
4.7.1 The Russian MODU Market
4.7.2 The Azerbaijani MODU Market
4.7.3 The Kazakh & Turkmen MODU Markets
5. SWOT Analysis of the Mobile Offshore Drilling Unit (MODU) Market 2012-2022
5.1 Strengths
5.1.1 High Demand for Oil and Gas and High Oil Prices
5.1.2 Lower Onshore Spare Production Capacity
5.1.3 Technological Breakthroughs
5.1.4 Aging World MODU Fleet
5.2 Weaknesses
5.2.1 High Risks & Harsh Environments
5.2.2 US Government Regulation
5.2.3 High Costs and Long Lead Times
5.2.4 Difficult Financial Conditions and Tight Credit Markets
5.3 Opportunities
5.3.1 New Offshore Discoveries & Deeper Water
5.3.2 Advances in Logging and Measurement While Drilling
5.3.3 Dynamic Positioning Systems
5.3.4 Autonomous Drilling & Managed Pressure Drilling
5.4 Threats
5.4.1 Developments in Extended Reach Drilling (ERD)
5.4.2 Higher Tax Rates
5.4.3 Lower Energy Demand from the West
6. Expert Opinion
6.1 Friede & Goldman
6.1.1 MODU Submarket Conditions
6.1.2 Costs of MODUs
6.1.3 Technologies Onboard MODUs
6.1.4 Time Frame of MODU Construction
6.1.5 Drivers in the MODU Market
6.1.6 Constraints in the MODU Market
6.1.7 Regional MODU Markets
6.2 Maxeler Technologies
6.2.1 Maxeler in the MODU Market
6.2.2 Maxeler's Computing Technologies for MODUs
6.2.3 Seismic Surveying of Deepwater Reservoirs
6.2.4 Computational Restraints
7. Leading Companies in the Mobile Offshore Drilling Unit (MODU) Market
7.1 MODU Construction & Engineering Companies
7.1.1 Aker Solutions
7.1.2 Daewoo Shipbuilding and Marine Engineering (DSME)
7.1.3 Fluor Corporation
7.1.4 Friede & Goldman
7.1.5 GustoMSC
7.1.6 Hyundai Heavy Industries (HHI)
7.1.7 KBR Inc.
7.1.8 Keppel Offshore & Marine
7.1.9 Lamprell Plc.
7.1.10 LeTourneau Technologies
7.1.11 Samsung Heavy Industries (SHI)
7.1.12 Sembcorp Marine
7.1.13 STX Offshore & Shipbuilding
7.2 MODU Owner & Operator Companies
7.2.1 Aban Offshore
7.2.2 Atwood Oceanics
7.2.3 Blake International
7.2.4 China Oilfield Services Ltd. (COSL)
7.2.5 Crosco Integrated Drilling & Well Services
7.2.6 Diamond Offshore Drilling
7.2.7 Dolphin Drilling Ltd.
7.2.8 Egyptian Drilling Company (EDC)
7.2.9 Ensco International
7.2.10 Frigstad Offshore
7.2.11 Hercules Offshore Inc.
7.2.12 Japan Drilling Company (JDC)
7.2.13 Jindal Drilling & Industries Ltd. (JDIL)
7.2.14 KCA Deutag
7.2.15 Maersk Drilling
7.2.16 Nabors Industries Ltd.
7.2.17 National Drilling Company (NDC)
7.2.18 Noble Corporation
7.2.19 Northern Offshore Ltd.
7.2.20 Ocean Rig UDW Inc.
7.2.21 Parker Drilling
7.2.22 Petróleos de Venezuela, S.A. (PDVSA)
7.2.23 Prosafe SE
7.2.24 Rowan Companies Inc.
7.2.25 Saipem
7.2.26 SBM Offshore
7.2.27 Seadrill
7.2.28 Songa Offshore SE
7.2.29 Stena Drilling
7.2.30 Transocean
7.2.31 Vantage Drilling Company
7.3 Drilling Equipment Suppliers, Consultancy & Service Companies
7.3.1 Baker Hughes
7.3.2 Eurasia Drilling Company Ltd.
7.3.3 Halliburton
7.3.4 National Oilwell Varco
7.3.5 Schlumberger
7.3.6 Schoeller-Bleckmann Oilfield Equipment AG
7.3.7 Subsea 7
7.3.8 Technip SA
7.3.9 Tesco Corporation
7.3.10 TSC Offshore
7.3.11 Weatherford International
8. Conclusions
8.1 Summary of the MODU Market
8.2 The Global MODU Market & Submarket Forecast 2012-2022
8.3 The Fastest Growing Regional MODU Markets
8.4 Moderately Growing Regional MODU Markets
8.5 The Slowest Growing Regional MODU Markets
8.6 Final Observations
9. Glossary
List of Tables
Table 1.1 Summary of Drivers & Restraints in the MODU Market
Table 2.1 Advantages & Disadvantages of Jackup Rigs
Table 2.2 Generations of Semisubmersible Rigs, Depth (metres) & Introduction (year)
Table 2.3 Advantages and Disadvantages of Semisubmersible Rigs
Table 2.4 Advantages & Disadvantages of Drill-ships
Table 2.5 Advantages & Disadvantages of Drill Barges
Table 2.6 Advantages & Disadvantages of Spar Platforms
Table 3.1 Global MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 3.2 Global MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.3 MODU Submarkets Forecast 2012-2022 ($bn, AGR %)
Table 3.4 The Drill-ship Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.5 The Drill-ship Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.6 Recent Drill-ship Construction Contracts (Operator, Constructor, Rig Name/Details, Delivery Date, Country of Construction, Contract Value)
Table 3.7 The Semisubmersible Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.8 The Semisubmersible Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.9 Recent Semisubmersible Construction Contracts (Operator, Constructor, Rig Name/Details, Delivery Date, Water Depth, Drilling Depth, Contract Value)
Table 3.10 The Jackup Submarket Forecast 2012-2022 ($bn, AGR %)
Table 3.11 The Jackup Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.12 Recent Jackup Construction Contracts (Operator, Constructor, Rig Name/Details, Delivery Date, Water Depth, Drilling Depth, Country of Construction, Contract Value)
Table 3.13 The Miscellaneous Offshore Drilling Unit Submarket Forecast 2012-2022 ($bn, AGR%)
Table 3.14 The Miscellaneous Offshore Drilling Unit Submarket Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.15 Recent Miscellaneous MODU Construction Contracts (Operator, Constructor, Rig Name/Details, Delivery Date, Water Depth, Drilling Depth, Country of Construction)
Table 4.1 Regional MODU Markets Forecast 2012-2022 ($bn, AGR %)
Table 4.2 Regional MODU Markets Forecast (CAGR %) 2012-2022, 2012-2017 and 2017-2022
Table 4.3 Regional MODU Utilisation Rates 2010, 2011, 2012 (%)
Table 4.4 The Latin American MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.5 The Latin American MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.6 The Latin American MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.7 Latin American MODU Contracts (Contractor, Operator, Period, Contract Value, Details)
Table 4.8 Summary of Latin American MODU Market Drivers & Restraints
Table 4.9 The Asia Pacific MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.10 The Asia Pacific MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.11 The Asia Pacific MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.12 Asia Pacific MODU Contracts (Contractor, Operator, Period, Contract Value, Details)
Table 4.13 Summary of Asia Pacific MODU Market Drivers & Restraints
Table 4.14 The North American MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.15 The North American MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.16 The North American MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.17 Summary of North American MODU Market Drivers & Restraints
Table 4.18 North American MODU Contracts (Contractor, Operator, Period, Contract Value, Details)
Table 4.19 The African MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.20 The African MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.21 The African MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.22 African MODU Contracts (Contractor, Operator, Period, Contract Value and Location)
Table 4.23 Summary of African MODU Market Drivers & Restraints
Table 4.24 The European MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.25 The European MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.26 The European MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.27 European MODU Contracts (Contractor, Operator, Period, Contract Value, Details)
Table 4.28 Summary of European MODU Market Drivers & Restraints
Table 4.29 The Middle Eastern MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.30 The Middle Eastern MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.31 The Middle Eastern MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.32 Middle Eastern MODU Contracts (Contractor, Operator, Period, Contract Value, Details)
Table 4.33 Summary of the Middle East MODU Market Drivers & Restraints
Table 4.34 The Eurasian MODU Market Forecast Summary 2012, 2017 and 2022 ($bn, Rank, % Share, CAGR %, Cumulative)
Table 4.35 The Eurasian MODU Market Forecast 2012-2022 ($bn, AGR %)
Table 4.36 The Eurasian MODU Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.37 Summary of Eurasian MODU Market Drivers & Restraints
Table 4.38 Eurasian MODU Contracts (Contractor, Operator, Period, Contract Value, Details)
Table 5.1 SWOT Analysis of the Mobile Offshore Drilling Unit (MODU) Market 2012-2022
Table 7.1 Aban Offshore MODU Fleet, by Type (Units)
Table 7.2 Atwood Oceanics MODU Fleet, by Type (Units)
Table 7.3 Diamond Offshore Drilling MODU Fleet, by Type (Units)
Table 7.4 Dolphin Drilling Ltd. MODU Fleet, by Type (Units)
Table 7.5 Ensco International MODU Fleet, by Type (Units)
Table 7.6 Maersk Drilling MODU Fleet, by Type (Units)
Table 7.7 Nabors Industries Ltd. MODU Fleet, by Type (Units)
Table 7.8 Noble Corporation MODU Fleet, by Type (Units)
Table 7.9 Saipem MODU Fleet, by Type (Units)
Table 7.10 Seadrill MODU Fleet, by Type (Units)
Table 7.11 Songa Offshore MODU Fleet, by Type (Units)
Table 7.12 Transocean MODU Fleet, by Type (Units)
Table 7.13 Vantage Drilling MODU Fleet, by Type (Units)
List of Figures
Figure 1.1 Regional MODU Market Value 2012 ($bn)
Figure 1.2 Regional MODU Markets Forecasts (CAGR %) 2012-2017, 2017-2022 & 2012-2022
Figure 1.3 MODU Submarket Values 2012 & 2012-2022 CAGR ($bn, %)
Figure 2.1 Types of MODU in Operation in 2012 & Under Construction (Units)
Figure 3.1 Global MODU Market Forecast 2012-2022 ($bn)
Figure 3.2 MODU Submarket Share Forecast 2012 (%)
Figure 3.3 MODU Submarket Share Forecast 2017 (%)
Figure 3.4 MODU Submarket Share Forecast 2022 (%)
Figure 3.5 MODU Submarket Forecast 2012-2022 ($bn)
Figure 3.6 The Drill-ship Submarket Forecast 2012-2022 ($bn)
Figure 3.7 The Semisubmersible Submarket Forecast 2012-2022 ($bn)
Figure 3.8 The Jackup Submarket Forecast 2012-2022 ($bn)
Figure 3.9 The Miscellaneous Offshore Drilling Unit Submarket Forecast 2012-2022 ($bn)
Figure 4.1 Regional MODU Markets Forecast 2012-2022 ($bn, AGR %)
Figure 4.2 Regional MODU Market Share Forecast 2012 (%)
Figure 4.3 Regional MODU Market Share Forecast 2017 (%)
Figure 4.4 Regional MODU Market Share Forecast 2022 (%)
Figure 4.5 Regional MODU Markets Forecast 2012-2022 ($bn)
Figure 4.6 Regional MODU Utilisation Rate 2010, 2011, 2012 (%)
Figure 4.7 The Latin American MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.8 The Latin American MODU Market Forecast 2012-2022 ($bn)
Figure 4.9 Latin American Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.10 Average Offshore Rig Count 2000-2012, Brazil, Mexico & Venezuela (Units)
Figure 4.11 Brazilian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.12 Mexican Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.13 Venezuelan Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.14 The Asia Pacific MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.15 The Asia Pacific MODU Market Forecast 2012-2022 ($bn)
Figure 4.16 Asia Pacific Average Offshore Rig Count 2000-2012, by Major Oil Producing Country (Units)
Figure 4.17 Asia Pacific Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.18 Indian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.19 Chinese Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.20 Indonesian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.21 Vietnamese Monthly Offshore Rig Count 1994-2012 (Units)
Figure 4.22 Thai Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.23 Malaysian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.24 Bruneian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.25 Australian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.26 The North American MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.27 The North American MODU Market Forecast 2012-2022 ($bn)
Figure 4.28 Average Offshore Rig Count 2000-2012, US & Canada (Units)
Figure 4.29 The US Weekly Offshore Rig Count 1990-2012 (Units)
Figure 4.30 The African MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.31 The African MODU Market Forecast 2012-2022 ($bn)
Figure 4.32 African Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.33 African Average Offshore Rig Count 2000-2012, by Major Oil Producing Country (Units)
Figure 4.34 Nigerian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.35 Angolan Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.36 The Rest of Africa (Ex. Nigeria & Angola) Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.37 The European MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.38 The European MODU Market Forecast 2012-2022 ($bn)
Figure 4.39 European and North Sea Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.40 European Average Offshore Rig Count 2000-2012, by Major Oil Producing Country (Units)
Figure 4.41 Norwegian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.42 British Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.43 Dutch Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.44 The Middle Eastern MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.45 The Middle Eastern MODU Market Forecast 2012-2022 ($bn)
Figure 4.46 Middle Eastern Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.47 Average Offshore Rig Count 2000-2012, Saudi Arabia, Qatar, Egypt, Abu Dhabi (Units)
Figure 4.48 Saudi Arabian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.49 Egyptian Monthly Offshore Rig Count 1982-2012 (Units)
Figure 4.50 The Eurasian MODU Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.51 The Eurasian MODU Market Forecast 2012-2022 ($bn)
Figure 5.1 Regional Proven Reserves and Reserve to Production Ratio 2010 (Billion Bbl)
Figure 5.2 US Gulf of Mexico Oil Production According to Water Depth 1992-2007 (Million Bbl, %)
Figure 5.3 US Gulf of Mexico Dry Gas Production According to Water Depth 1992-2006 (Billion Cubic Feet, %)
Figure 6.1 Friede & Goldman Semisubmersible Design
Figure 6.2 Friede & Goldman Drill-ship Design
Figure 6.3 Friede & Goldman Jackup Design