Opinion

Orders piling up for offshore contractors but turning a profit is still a challenge

Plenty of opportunities in current oil and gas investment cycle despite tight profit margins

Unstacked at last: After a long lull, drilling units are back in demand, including many that have been idled for long stretches — and drilling contractors are happy to see them polished up and set out to sea.
Unstacked at last: After a long lull, drilling units are back in demand, including many that have been idled for long stretches — and drilling contractors are happy to see them polished up and set out to sea.UPSTREAM/RYTIS DAUKANTAS
Rio de Janeiro
TransoceanNoble CorporationTechnipFMCSaipemSubsea 7
Published 2 March 2023, 09:47Updated 2 March 2023, 09:48