Rigs, recessions and the tyranny of the futures curve
As part of a recent engagement, energy business analyst Douglas-Westwood's New York office was asked to prepare a forecast of newbuild orders for drillships and semisubmersibles. Collectively referred to as 'floaters', these are used for oil and gas drilling in deepwater. Managing Director Steven Kopits reports.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Keywords: deepwater
Subjects: Economics, business and commerce, Oil and gas extraction, Oil and gas, Oil, Primary energy production