In light of recent comments regarding the US President’s focus on America’s oil and gas production and the desire to stoke the flames of the coal industry, Westwood Global Energy Group’s (WGEG’s) World Offshore Wind Market Forecast 2017-2026 decided to explore whether a Trump presidency is good or bad for the USA’s offshore wind industry.
Optimism is returning to North Sea exploration, though estimates for this year’s drilling targets could be unrealistic, an oil sector analyst has said.
Stability and a slow recovery during 2017 may consign last year to the history books as a “nadir” for conventional global oil and gas exploration, an Aberdeen-based energy research consultancy said yesterday.
Well numbers and discovered volumes fell to a nine-year low in 2016, but success rates increased by 35% and further growth is expected this year, a new report said.