LNG keeping Oz OFE market afloat

GREATER Western Flank Phase 2, Ichthys and Scarborough will ensure Australia is one of the few bright spots in an otherwise gloomy global oilfield equipment (OFE) market through to 2020, consultancy Douglas-Westwood says.

10 November 2016
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While deepwater offshore oil production is set to increase and supply vessel costs are expected to fall further next year, DW's World Oilfield Equipment Market Forecast says the oversupplied rig

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