Over the next five years the offshore drilling services market is expected to grow from $73.1 billion in 2013 to $121.1 billion by 2018. This is an expected growth of $48 billion or a compounded annual growth rate (CAGR) of 10.6%. This will provide companies in the offshore drilling services market industry opportunities for growth.
Three companies looking to capitalize on this growth are: Seadrill Inc. (NYSE:SDRL), Transocean LTD (NYSE:RIG) and Diamond Offshore Drilling (NYSE:DO). In the article below we
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