Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Crisil Ratings predicts a 30-35% profit jump for Indian offshore rig operators in 2025-26 due to higher contract rates.

flag Crisil Ratings forecasts a 30-35% jump in operating profits for Indian offshore rig operators in the 2025-26 financial year, building on a 25-30% growth this year. flag This rise is due to renewed rig contracts at more than double the previous rates, with average rates expected to reach $56,000 this year and $67,000 next year. flag The steady demand and limited new rig orders globally will support these improvements.

3 Articles