The worldwide offshore rig count in May 2019 dropped by 11 units sequentially but was up 43 rigs year-over-year, according to a monthly rig count by Baker Hughes GE (BHGE). BHGE splits its rig counts into international and North America rig counts, which combined make the worldwide rig count. BHGE said that the international rig count for May 2019 was 1,126, up 64 from the 1,062 counted in April 2019, and up 159 from the 967 recorded in May 2018. The international rig count now includes active drilling rigs in the Ukraine. The international offshore rig count for May 2019 was 240, down 11 from the 251 counted in April 2019, and up 42 from the 198 recorded in May 2018.
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