The global count of working offshore rigs has inched up again, which makes two consecutive months of net gains after nearly a year of steady declines.
While registering a month-on-month increase of 9.4% from April, Latin America was the only region to enjoy a year-on-year rise, according to the latest figures from US oil-services giant Baker Hughes Inc (BHI).
Latin America’s May 2017 count surpassed May 2016 by a significant 16.7%,
