Floater market 'caught in price storm'

The deep-water floating production sector is being caught in a “perfect storm” caused by low oil prices and the ongoing investigations involving Brazil's Petrobras that is stymieing the near-term market, according to a new analysis.

Floater fundamentals: Market set to rebound with a dozen orders by year's end, IMA predicts
Floater fundamentals: Market set to rebound with a dozen orders by year's end, IMA predicts
Published 20 January 2015, 09:22Updated 17 October 2016, 13:13