JDC Lines Fleet Expansion, Eyes Drilling Demand Recovery



JDC Lines Fleet Expansion, Eyes Drilling Demand Recovery
Japan Drilling Co. embarks on fleet expansion as it believes rig demand will improve in the offshore drilling market within the next couple of years.

Japan Drilling Co. Ltd (JDC) will press on with its fleet expansion as it anticipates that rig demand in the offshore drilling market will improve along with a rebound in oil prices within the next two years.

JDC’s President, Yuichiro Ichikawa told Rigzone on the sidelines of the naming ceremony for jackup Hakuryu-12 (400’ ILC), at Singapore’s PPL Shipyard, the Japanese drilling outfit is still eyeing the addition of at least one further drilling floater and a jackup.

JDC Lines Fleet Expansion, Eyes Drilling Demand Recovery
Hakuryu-12 Naming Ceremony. JDC President Yuichiro Ichikawa (Standing 10th from the right) Source: Japan Drilling Co.


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