2021 offshore investment back to pre-pandemic levels, says Westwood
Latest analysis from Westwood Global Energy Group reveals a year-on-year growth for the global offshore rig market at the close of 2021, up 200% from 2020.
Latest analysis from Westwood Global Energy Group reveals a year-on-year growth for the global offshore rig market at the close of 2021, up 200% from 2020.
The two-month programme covers the Keraudren North Extension with an area of approximately 680 km2 in the Bedout Basin, and the Petrel Sub-Basin 3D survey of approximately 1100 km2.
The increased production is due mainly to production start-up from the Gjøa P1 infill development in February and the Duva field tie-back in August.