Global Offshore Projects newsletter

The future for the offshore sector remains uncertain. Although many expect the demand for oil to remain strong the investment appetite of the oil majors and the national oil companies is currently weak leading to rather gloomy predictions as to the future.

It is unclear when any recovery will take place and how best to react in the meantime. In this newsletter we look at some of these issues, and in particular the impact of the current volatility on construction projects in Asia and offshore services in the key areas of the North Sea, Brazil, Mexico and West Africa.