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High-spec jackups are overtaking standard models as fields mature

Standard model utilisation is product of divestment: Westwood

Paul Hunt
High-spec jackups at 80% utilisation

High-spec jackups at 80% utilisation

  Traditional standard jackup units slipped to 20 this year, while high-spec ‘heavy-duty' units remained at 25.    There has been consensus for some time that demand for them would continue to increase...

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