About Esgian

Future oriented business leaders and professionals looking to make a difference trust Esgian to deliver objective analysis and insight into future emissions and climate policy.


Oslo, Norway
+47 23 00 10 00

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Esgian develops digital platforms and tools to analyze emissions and ESG within Ocean Industries. We cover oil and gas, shipping, and offshore wind. Our solutions deliver actionable data and insight for planning a sustainable future on the world’s seas. Sustainable action starts with Esgian.

Articles & News

Photo 14820043 © Nightman1965 |
Jackup Rig In Shipyard Dreamstime M 14820043

Upcycle in rig demand creates lean inventory in shipyards

Oct. 31, 2023
Investors, drilling contractors snapping up ‘stranded’ newbuilds.
Courtesy COSL
China Oilfield Services Ltd. once again stands atop Offshore’s Top Ten Drillers list with a fleet of 58 rigs. The COSL Promoter rig, shown here, has recently been undertaking a drilling and P&A campaign for Equinor offshore Norway.

Top 10 offshore rig managers expand their dominance

June 15, 2023
China Oilfield Services Ltd continues to hold onto top spot.
Courtesy Samsung Heavy; Esgian Rig Service LinkedIn

Another stranded newbuild drillship acquired

Jan. 4, 2023
The 12,000-ft seventh-generation West Dorado drillship has been sold to Eldorado Drilling, a newly established company owned by a group of investors.
(Courtesy Odfjell Drilling)
The Deepsea Mira (formerly the West Mira) is one of the semisubmersible rigs equipped with an ESS system from Siemens.

Drilling rig contractors deploying latest emissions reductions technologies

Dec. 19, 2022
New tools can help drillers target improved efficiency, reduced waste, lower emissions.
Photo 117757139 / Business © Nikkytok |

Stranded newbuild drillships soon to be history

Dec. 5, 2022
The recovering deepwater drilling market has encouraged drilling contractors to expand their fleet, and companies are now starting to purchase stranded assets in shipyards, Esgian...
ID 34562652 © Bomboman |
Dreamstime Xl 34562652

Report: Petrobras selects seven rigs from multi-rig tender

Oct. 13, 2022
Consulting firm Esgian indicates that 7 of 8 rigs have been selected from tender Lots 1-3.
Photo 34562652 © Bomboman |
Dreamstime Xl 34562652

More newbuild rigs find homes in an increasingly optimistic market

Oct. 3, 2022
Newbuild values have risen on an average by over 30% in the last 12 months.
Courtesy Esgian Wind Analytics
Lead times are defined as the duration between contract award details being made public and the date of operation of the wind farm.
Renewable Energy

Innovative solutions give boost to US offshore wind projects

Oct. 3, 2022
The US offshore wind industry is facing some challenges and opportunities unlike those seen in other parts of the world.
Courtesy Esgian Rig Analytics
Offshore Rig Sales

Offshore rig sales for drilling are on the rise

Oct. 3, 2022
Sales of offshore rigs are down so far this year, compared with the past two years.
Courtesy Esgian Rig Analytics
New Offshore Rig Backlog Has Slowed Since April

Rig market saw largest increase in new backlog over past year

Aug. 1, 2022
With almost 53 rig-years of work added in April 2022, it was the month that saw the largest increase in new backlog over the past year.

Videos & Resources

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Drilling & Completion

August 17th Webinar: Assessing the state of the offshore drilling market

Aug. 17, 2022
Esgian analysts will provide an overview of the most active offshore drilling campaigns and provide an update on the changing rig contracting market and rig construction market...

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All content from Esgian

Photo 193391100 © Arild Lilleboe |
The Norwegian offshore supply vessel Normand Skude services a COSL oil drilling rig in the Kara Sea.

Ten largest offshore rig contractors control 44% of global fleet

June 1, 2022
China’s COSL retains top spot, despite a decrease in its fleet.
ID 224771828 © Renato Meireles |
Offshore Exploration Brazil Dreamstime M 224771828

Petrobras looks to add up to eight floating rigs next year

May 1, 2022
Petrobras has just issued a tender to contract up to eight ultra-deepwater rigs for drilling operations offshore Brazil, according to Esgian.
Source: Esgian Rig Service
Change in number of drilling, warm-stacked and cold-stacked drillships between Jan 2020 and October 2021.

Offshore drilling rig reactivations have begun

Oct. 28, 2021
Utilization and dayrates continue their rapid recovery.