Energy Maritime Associates Releases Updated Floating Production Systems Report In its latest quarterly Floating Production Systems Report, Energy Maritime Associates (EMA) reviewed the market for Floating Production Systems
The climate for offshore drilling is improving and exploratory drilling is on the rise. This segment’s market strengthening has energized industry observers, with many now anticipating upticks in offshore development activity.
The offshore rig market recovery has been extremely prolonged, and is now picking up slowly and steadily – certainly a relief to the remaining rig owners who have weathered through this most recent downturn.
The overall LNG market may indeed be at a crossroads, as published in the Journal of Petroleum Technology (JPT) recently but despite decade’s worth of talk, and a handful of executed projects, the floating piece […]