Offshore in depth ///

Even oil patch veterans who have been through many business cycles are rattled by the rapid decline in oil prices, and its implications for the companies and people in the energy industry. Eighteen months ago, with three-digit oil, optimism and swagger prevailed, with the unconventional boom going full blast and expectations for robust deepwater activity unchecked. But it is 2015, and the industry’s psychic and economic indicators are clouded in uncertainty. And as the saying goes, investment flees uncertainty, especially in the offshore sector, where large investments are required.

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