Thinking Ahead

Forward-looking commentary on oilfield business trends

Just When Everyone Thought Deepwater Was Dead… A Twitch.

This past weekend, we read a half dozen transcripts of earnings calls from the oil majors and national oil companies (NOCs). The big guys are all whistling the same tune. They are successfully re-engineering pending deepwater projects to fit $50 oil (and below). They are ready to clear their final investment decision …

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