Baker Hughes sees Y-o-Y increase in worldwide offshore rig count

The worldwide offshore rig count in August 2019 decreased by ten units sequentially, but increased by 41 unit year-over-year, according to reports by Baker Hughes, a GE company.

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

Baker Hughes reported on Monday that the international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018.

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