Surf's up: Offshore oil rides new wave of enthusiasm

Drillers seeing recovery in US Gulf of Mexico and North Sea amid relative oil-price stability

Upbeat: Transocean drillship Deepwater Asgard. Transocean's chief executive points to a welcome surge in Gulf of Mexico drilling activities as the oil price has recovered.
Upbeat: Transocean drillship Deepwater Asgard. Transocean's chief executive points to a welcome surge in Gulf of Mexico drilling activities as the oil price has recovered.Photo: TRANSOCEAN
Published 11 May 2021, 10:48Updated 11 May 2021, 10:48