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New report: Rig market almost cut in half in 2015

The activity in the rig market has been almost cut in half so far this year, according to a new report from Clarksons Platou Offshore. The analyst agency questions whether a recovery may be on its way.

Photo: BP

The development for the offshore sector's important market - the market for rigs - can be summed up in one word: Dismal.

This is how analyst agency Clarksons Platou Offshore describes the situation in a new analysis in which the agency puts numbers on how hard the rig market is hit by the collapse in the oil sector.

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