Slumping oilfield services sector bets on new offshore technology

Slumping oilfield services sector bets on new offshore technology

May 5, 2017
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By hellenicshippingnews.. The oil industry’s top equipment and services suppliers this week are hawking vastly cheaper ways of designing and equipping subsea wells, aiming to slash the cost of offshore projects to compete with the faster-moving shale industry. At the Offshore Technology Conference, the industry’s annual gathering of floating rig and subsea well suppliers, sales pitches this … Read full story ›

Source:: Hellenic shipping news Oil