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    Home > Chemicals Industry > International Chemical > The offshore oil and gas market is picking up

    The offshore oil and gas market is picking up

    • Last Update: 2021-09-12
    • Source: Internet
    • Author: User
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    Recently, the International Offshore Oil and Gas Technology Conference (OTC) was held in Houston, USA


    Supportive market recovery

    Market recovery is supported, market recovery is supported

    With the popularization of new crown pneumonia vaccination and production reduction measures, crude oil prices have strengthened this year, and market sentiment has gradually become optimistic, pushing the offshore oil and gas market to take the lead out of the trough


    It is worth noting that the greatly reduced cost is an important factor that promotes the first recovery of offshore oil and gas production rates


    The boost in oil prices has stimulated the investment momentum of oil and gas companies


    Significant increase in demand for related equipment

    The demand for related equipment has increased significantly.


    As the main equipment for offshore oil production, the demand for FPSO (floating production, storage and offloading equipment) continues to pick up


    Giants aim at large potential blocks

    Giants aim at potential big blocks, giants aim at potential big blocks

    Vikram Barat, Minister of Natural Resources of Guyana, told the participants that the Guyana-Suriname Basin has huge potential.


      It is worth mentioning that the offshore crude oil of Suriname is light sweet crude oil


      Industry consulting agencies predict that by 2030, Suriname’s daily crude oil production will reach about 650,000 barrels




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