Subsea Industry Cautiously Optimistic for 2021
Subsea Industry Cautiously Optimistic for 2021
The turbulent year 2020 upended the plans of exploration and production (E&P) companies which hastened to cut capital expenditures and defer or even cancel offshore drilling contracts amid the coronavirus pandemic and the crash in oil prices.
The supply chain throughout the world, including in the UK North Sea, felt the impact of t...