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McKinsey: Murky waters for offshore rigs – offshore drilling market overview and projections
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McKinsey: Murky waters for offshore rigs – offshore drilling market overview and projections
Business
Date posted: 21.06.2016
Category: Automobile / Transport
Since the rapid decline in oil prices starting in mid 2014, the offshore drilling market has experienced a significant decline in contract volume and duration. The result? Massive downward pressure on rig owners’ revenue stream.
What are the contributing factors that have led us to this point – and what does the future hold?
Please read McKinsey latest overview and projections: Offshore-Drilling-Infographic
Source: McKinsey