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

[James Regan + 1,776]

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?

[Douglas Buckland + 6,308]

Shale oil is cratering, investors need new venues. 

[Rasmus Jorgensen + 1,169]

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 February 1, 2020 by Rasmus Jorgensen

[Rasmus Jorgensen + 1,169]

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..