"The first sign of recovery is that offshore exploration activity and spending is on the rise. Examples abound of major oil companies increasing their exploration activity and spending." Read more: https://lnkd.in/ey5xEN2
Five signs that the offshore oil and gas industry is recovering are starting to become clearer, with 2019 seen as a transition year and with offshore embarking on a multiyear trajectory starting in 2020. These were among the findings in a recent research report from Barclays.