Richmond Energy Partners publishes 2016 State of Exploration Report
According to the report, global exploration drilling is expected to be down 73% on 2014 with oil discoveries at decade low.
Exploration - 06 May 2016
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McDermott awarded three offshore EPCI projects
These projects combined are a substantial brownfield award for McDermott and have a total scope, which includes the EPCI for jackets and topsides, subsea pipelines and subsea cables.