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Offshore back in vogue

OILERS still are prioritising more costly offshore projects, even as US shale and tight oil production hit a new export record of 1 million barrels of oil per day in reaction to OPEC’s six-month program of cuts.

Anthony Barich
Offshore back in vogue

New analysis from Norwegian consultancy Rystad Energy out this week said E&P companies are still prioritising offshore projects, however the US shale market is still the most profitable for oil field services...

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