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FLEETS

DDH1 rig utilisation rises

DRILLING specialist DDH1 has recorded a 2.4% increase in rig utilisation to 77.4% for the 2021-22 financial year as well as a 10.2% increase in shifts to 91,228.

Noel Dyson
DDH1 grew its revenue 41% year on year.

DDH1 grew its revenue 41% year on year.

However, while rig utilisation rose it was impacted by labour movement restrictions and COVID-19-related absenteeism. The easing of mobility restrictions eased staffing pressure for entry level roles...

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