“We expect exploration and production spending will come down, but that is not necessarily a sign of a lower activity level,” Jan Erik Reinhardsen, chief executive of Petroleum Geo-Services, said at the Pareto Oil & Offshore conference in Oslo on Wednesday.
“We see some early signs of an improving market.”
Reinhardsen was the most optimistic voice among the seismic players speaking about their outlook for 2017 at the Pareto conference.
Polarcus
