Evercore ISI

U.S. Investment Banking and Evercore ISI businesses are conducted through Evercore Group L.L.C., a member of FINRA and SIPC

More Info on Evercore ISI

Evercore is a global independent investment banking advisory firm that provides advice on matters of strategic significance to boards of directors, management teams and shareholders, including mergers and acquisitions, strategic shareholder advisory, restructurings, and capital structure.

Evercore also assists clients in raising public and private capital and delivers equity research and equity sales and agency trading execution, in addition to providing wealth and investment management services to high net worth and institutional investors.

Founded in 1995, the firm is headquartered in New York and maintains offices and affiliate offices in major financial centers in North America, Europe, South America, the Middle East and Asia. 

Articles

ID 141192943 © 44Photography | Dreamstime.com
Offshore oil rigs quayside
The offshore drilling market has been ‘rather quiet’ says Evercore ISI.
July 16, 2024
Photo 110357156 © Sad Agus | Dreamstime.com
FPSO field development
Projects account for over $30 billion of investment, comprised of mostly FPSO developments, says Evercore ISI.
July 2, 2024
Photo 103676910 © Furqan Masoodi | Dreamstime.com
diamond_offshore_ocean_patriot_dreamstime_s_103676
Deal will make Noble the largest seventh-generation drillship operator, with 24% market share, says Evercore ISI.
June 17, 2024
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Total upstream offshore capex expected to reach $274 billion by 2028, says Evercore ISI.
June 4, 2024
ID 141192943 © 44Photography | Dreamstime.com
offshore_oil_rigs_in_galveston_port_dreamstime_m_1
Market will continue to tighten, providing further upside in dayrates, says Evercore ISI.
June 4, 2024
Courtesy BSEE
bsee_blackrhino_drilling_rig_moon_pool
Rig contractors are actively engaging with operators on rigs that are not scheduled to roll off contracts for one to three years, says Evercore ISI.
May 18, 2024
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offshore_oil_and_gas
Demand for assets and services continues to rise.
Dec. 11, 2023
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Jackup North Sea Dreamstime M 69392045
One significant challenge is the short-term nature of work in the North Sea and offshore Europe.
Oct. 16, 2023
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Jackup Rig Dreamstime S 75631927
Dayrates for all types of rigs in Southeast Asia are witnessing robust growth, according to Evercore ISI’s latest Offshore Oracle report.
Oct. 3, 2023
Courtesy Saudi Aramco
Saudi Aramco Rigs In The Hasbah Field03
Fifty-three jackups have moved to the region over the past year, says Evercore ISI.
Sept. 17, 2023

Additional content from Evercore ISI

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Jackup Drilling Rig Dreamstime M 84555572
A total of 126 term contracts for jackups have been announced year-to-date.
Aug. 14, 2023
Photo 189673266 © Muammar Hassan | Dreamstime.com
Two Jackups Dreamstime M 189673266
Activity in June suggests an increase of 21% year-over-year, says Evercore ISI.
July 18, 2023
ID 53504790 © Jordan3 | Dreamstime.com
Dreamstime L 53504790
In 2022 to 2025, over $200 billion expected to be allocated to deepwater projects.
June 27, 2023
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Drillship And Other Rigs Dreamstime L 117757139
But May was a busy month, with 40 new contracts issued.
June 15, 2023
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Semisubmersible Drilling Rig Dreamstime M 21949676
Twenty-six new contracts announced so far in May, says Evercore ISI.
May 15, 2023
Courtesy OneSubsea/SLB
Slb One Subsea Blue Box Combo B
Up to 435 subsea trees could be awarded this year.
April 25, 2023
Courtesy Odfjell Drilling
The market for harsh environment semisubmersibles may be tightening, says Evercore ISI.
Harsh-environment semisubmersibles have made up all floater contracts announced over past 30 days.
April 16, 2023
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Offshore Drilling Rig Brazil Dreamstime M 213856398
NOC working to revitalize mature Campos basin assets, develop key presalt fields.
March 28, 2023
Courtesy Keppel Corp.
Artist rendering of the CAN-DO drillship.
Activity likely to remain ‘limited’ in near term as available floating rigs increasingly spoken for.
March 15, 2023
Courtesy Valaris
These Valaris DS-8 recently won a three-year contract from Petrobras for work offshore Brazil.
Three long-term deals signed so far this month, says Evercore ISI.
Feb. 16, 2023
Photo 30264696 © Bomboman | Dreamstime.com
Top View Of Offshore Drilling Rig Toward The Helo Pad Dreamstime M 30264696
Sixteen of the 26 contracts issued so far in January have terms of one year or more.
Jan. 16, 2023
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Caspian Rigs Dreamstime M 2296843
Operators anticipate higher pricing for drilling services and completion equipment.
Dec. 14, 2022
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Jackup Rig In Operation Dreamstime M 39536366
Company’s rig count poised to increase by 35 units over next 12 months, says Evercore ISI.
Nov. 21, 2022
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Jackup Drilling Rig Dreamstime M 28084191
Latest report notes “re-emergence” of markets in Angola, Germany, Guyana, and New Zealand.
June 16, 2022
Photo 84555572 © Look67 | Dreamstime.com
Jackup Drilling Rig Dreamstime M 84555572
Saudi Aramco reportedly plans to double its offshore fleet by 2024.
June 3, 2022
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Norway Dreamstime M 128055867
A total of 16 contracts have been announced in April so far.
April 18, 2022
Courtesy COSL Drilling Europe AS
The COSLPioneer
Firm notes that contract terms are averaging longer.
April 16, 2021
Ihs Jackup Supply 01
Rig count expected to begin rebound in 1Q 2021.
Feb. 1, 2021
Evercore Aug 2020
A total of eight rig contracts have been announced this month.
Aug. 17, 2020
Global harsh semisubmersible deepwater fleet
While the findings indicate a slight dip in the offshore drilling rig contract market in March, the Evercore report also pointed to a number of hopeful signs for the near term...
April 18, 2018