The drilling market has always been the first and most impacted when there is a crisis in the oil and gas segment, especially by the decrease in exploration. Drilling is a key indicator of the level of short- and medium-term activities expected for the entire sector. Globally, the current scenario is not too optimistic, as suppliers have already registered losses in the first quarter of the year, with the sector hit hard by the COVID-19 economic and health crisis.
Nonetheless, there are some differences between the current downturn and the one in 2014-15, especially in