Marketed contracted reflects all marketed rigs that have a contract in place. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc.
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Offshore rig count in the Middle East by contract type 2021-2025
The total supply of offshore rigs in the Middle East was ****in the week of October 24, 2025. The amount of marketed and contracted offshore rigs in the Middle East was ***, bringing the utilization rate to ****Â percent that month.
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S&P Global. (October 24, 2025). Monthly number of offshore oil and gas rigs in the Middle East from May 2021 to October 2025, by contract type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1251105/middle-east-offshore-oil-rig-count-by-contract-type/
S&P Global. "Monthly number of offshore oil and gas rigs in the Middle East from May 2021 to October 2025, by contract type." Chart. October 24, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1251105/middle-east-offshore-oil-rig-count-by-contract-type/
S&P Global. (2025). Monthly number of offshore oil and gas rigs in the Middle East from May 2021 to October 2025, by contract type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1251105/middle-east-offshore-oil-rig-count-by-contract-type/
S&P Global. "Monthly Number of Offshore Oil and Gas Rigs in The Middle East from May 2021 to October 2025, by Contract Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Oct 2025, /statistics/1251105/middle-east-offshore-oil-rig-count-by-contract-type/
S&P Global, Monthly number of offshore oil and gas rigs in the Middle East from May 2021 to October 2025, by contract type ÌÇÐÄÆÆ½â°æ, /statistics/1251105/middle-east-offshore-oil-rig-count-by-contract-type/ (last visited July 26, 2026)
Monthly number of offshore oil and gas rigs in the Middle East from May 2021 to October 2025, by contract type [Graph], S&P Global, October 24, 2025. [Online]. Available: /statistics/1251105/middle-east-offshore-oil-rig-count-by-contract-type/