‘Depressed’ Offshore Sector Seems Pretty Upbeat

Offshore Drilling Depressed?

If offshore drilling is depressed right now, why is so much of it going on? The offshore sector took a serious hit during the industry downturn as spending cuts limited project sanctions. But international research and consulting firm Wood Mackenzie expects 30 major offshore projects to win approval in 2018, and that’s only part of the story.

Image Caption

Statoil's operation in the Barents Sea.

Please log in to read the full article

You may also be interested in ...