MODUs in Offshore Oil and Gas: Growth and Opportunities

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2025-09-29 07:28:34 -

Introduction The mobile offshore drilling unit (MODU) market plays a vital role in global oil and gas exploration and production activities. MODUs are specialized marine vessels equipped with drilling rigs that can be moved to different offshore locations. They are designed to operate in shallow to ultra-deep waters, offering flexibility, cost efficiency, and adaptability to exploration needs....

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