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Northbridge Industrial Services Plc

Worldwide offshore rig count in December up 22 rigs year-over-year

The worldwide offshore rig count in December 2019 increased by 11 units sequentially and 22 units year-over-year, according to a Wednesday rig count report by Baker Hughes Company.

BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count.

The international rig count for December 2019 was 1,104, up 8 from the 1,096 counted in November 2019, and up 79 from the 1,025 counted in December 2018.

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.