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Winners and Losers in Big Oil’s Offshore Spending Revival
Winners and Losers in Big Oil’s Offshore Spending Revival
By Francois de Beaupuy (Bloomberg) — After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them everything from seismic surveys to pumps and turbines. The long-awaited spending rebound will re-energize oil-services providers that have survived […]
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By Francois de Beaupuy (Bloomberg) — After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them everything from seismic surveys to pumps and turbines. The long-awaited spending rebound will re-energize oil-services providers that have survived […]
[post_title] => Winners and Losers in Big Oil’s Offshore Spending Revival
[post_excerpt] => By Francois de Beaupuy (Bloomberg) — After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them ...
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