OPERATIONS

Australian offshore rig count highest since 2012

THE Baker Hughes monthly offshore rig count for June revealed there are nearly 70 more rigs in operation worldwide than this time last year, with the Asia Pacific rig count up 12 year-on-year.

Paul Hunt

Nearly 70 more rigs in operation worldwide year-on-year: Baker Hughes

According to the data, there were 27 rigs in operation in Australia last month on- and offshore - the highest the Australian count has been since 2012. Baker Hughes noted on Wednesday that the total...

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