Now that 2017 is behind us with all its ups and downs, we are looking forward to a new beginning.
While we have seen a significant recovery in oil prices in the past year, now that OPEC and Non-OPEC countries have agreed to extend oil production cuts all through 2018 the industry is hoping to see some balance between oil supply and demand.
Let this new year bring stable oil prices, many new oil and gas projects and related contract awards, exploration revival, and recovery in rig dayrates.
From our side, Offshore Energy Today team promises to continue keeping you up to date with the latest news from the offshore oil and gas sector.