Wednesday 8 May 2019

The Offshore Technology Conference (OTC) in Houston, Texas celebrates its 50th birthday this week, begging the question – what will the next 50 years hold for the offshore market?

Luckily, the data can provide some clues. Rystad Energy – the independent energy research and consultancy headquartered in Norway with offices across the globe – has analyzed the historical investments and oilfield service purchases of the world’s 50,000 oil and gas fields. While the forecast is uncertain, Rystad Energy's analysis paints a fascinating picture of how offshore could contribute to the future of the service industry.

Full article here.