Rystad sees opportunity for investors: back offshore services when Brent is down

KNOWING where to invest your money based on the oil price is supposedly intuitive: not in oil when it’s down, however Rystad Energy sees a gap for those willing to back the offshore services sector over the onshore and fraccing services sector. 

Rystad sees opportunity for investors: back offshore services when Brent is down Rystad sees opportunity for investors: back offshore services when Brent is down Rystad sees opportunity for investors: back offshore services when Brent is down Rystad sees opportunity for investors: back offshore services when Brent is down Rystad sees opportunity for investors: back offshore services when Brent is down

Increased offshore spending driven by exploration, greenfield but money heads to shore for $70 oil

Investors have retreated from land to the sea as Brent has fallen since October and a bearish market presents opportunities as companies working across the subsea market and the maintenance,