Sub-$30/bbl WTI drastically alters the US unconventional supply chain
Independents and small public E&Ps active in US shale cut $17 billion with each company...
Independents and small public E&Ps active in US shale cut $17 billion with each company...
Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020. Pricing is expected to remain competitive, however, and contractors will need to remain focussed on profitability.
The offshore market is set for a bumper year with 83 greenfield FIDs expected, totalling...
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