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Northbridge Industrial Services Plc

Worldwide offshore rig count in June up by 56 rigs year-over-year

BHGE – Baker Hughes, a GE company – splits its rig counts into international and North America rig counts, which combined make the worldwide rig count.

The worldwide offshore rig count for June 2019 was 273, up 9 from 264 in May 2019 and up 56 from 217 in June 2018.

Baker Hughes said on Wednesday that the international rig count for June 2019 was 1,138, up 12 from the 1,126 counted in May 2019, and up 179 from the 959 counted in June 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.