Offshore drilling rigs are used for exploration and production of oil and gas resources located in offshore areas. Offshore drilling rigs are categorized into jackup rigs, semi-submersible rigs, and drillships. Jackup rigs are versatile rigs suitable for shallow to medium depths of up to 400 feet. Semi-submersible rigs can operate in deeper waters of up to 8,000 feet. Drillships are capable of operating in ultra-deep waters of over 8,000 feet. In recent years, oil and gas companies have ... Read more