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James Regan

New Offshore Cycle Well Under Way - How will shale investors act?

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Shale oil is cratering, investors need new venues. 

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(edited)

Rystad have been calling a resurgence of offshore for 4 - 5 years to fuel various investment cases. I guess they will get it right at some point. 

Hope is not a strategy. The new offshore is here.

 

Edited by Rasmus Jorgensen

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3 hours ago, James Regan said:

https://www.offshore-mag.com/field-development/article/14074747/new-offshore-investment-cycle-emerging

Encouraging news regarding the amount of CAPEX being allocated to shelf and Deepwater plays, as traction grows for offshore how will this affect the Shale investor?

tell that to McDermott. 

Anybody read the Chap 11 filings ? Offshore still needs to go through a whole lot of hurt.. 

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