(EnergyAsia, October 23, Friday) — The world’s oil companies are expected to invest $360 billion in offshore oil projects by 2013, up from $260 billion last year as delayed projects come back on stream from 2011, said consultants Douglas Westwood. The company said deep-water drilling in particular will see strong growth as offshore oil is…
MARKETS: Offshore capex forecast to grow by US$100 billion in five years
Posted on October 22, 2009 by EnergyAsia