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You are here: Home → Archive → 2009 → December → Weekly Edition 10th December 2009 → Pick-up predicted with new projects

Pick-up predicted with new projects

by Jim Wilson — last modified Dec 10, 2009 02:29 PM

UP TO 170 offshore oil and gas projects involving floating production systems are in the planning phase, according to International Maritime Associates.

Demand for floating production units – including ships, semi-submersibles, spars and tension-leg platforms – has increased in the last three months as oil companies reactivate their previously stalled oilfield developments.
IMA founder Jim McCaul expected more contracts to be awarded...

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