The new normal or the calm before the storm

Deep-sea oil drillers are more optimistic than they’ve been since oil prices first tumbled in 2014. According to Morgan Stanley, explorers are expected to boost spending by 45% to USD188 billion by 2022, whilst major oil trading houses are predicting the return of USD100 crude. Rig reactivations will need to be managed carefully to avoid a sharp increase in incidents. Download the article to find out more…