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McKinsey Energy: Offshore drilling market report

Oilfield Technology,

McKinsey Energy Insights has produced an infographic relating to their recent global offshore drilling market report.

The graphic highlights:

  • CAPEX is expected to be cut by a further 20-30 per cent between 2015 and 2016.
  • 37% of deep water and 30% of shallow water green field projects will be delayed until 2025.
  • The road to recovery scenarios including a supply driven rebalance and a delayed recovery.

Source: McKinsey Energy Insights

Read the article online at:

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