The North Sea presents an opportunity for companies involved in decommissioning, a segment which could see more than $80 billion of investment through 2040. Source: News
Exploration downturn poses hard questions for offshore rig fleet
Deepwater exploration faces several difficulties and future projects will increase in complexity. Innovative technological solutions will remain a priority for companies moving into harsh and frontier areas. Source: News
Seismic offshore Congo highlights presalt opportunity
Shooting new 3D seismic and reprocessing legacy data offshore Congo (Brazaville) will lead to near-term exploration despite an overall decline in exploration worldwide as the industry works toward oil-price stability. Source: News
Discipline, simplicity crucial for project execution overhaul
Aided by a plunge in crude oil prices from $100/bbl in summer 2014 to less than half that level at this writing, the oil and gas capital project market-particularly in the exploration and production space-has dropped off dramatically since a peak in activity during 2012-13. Source: News