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- W2352610995 abstract "Against a background of high oil prices,offshore and particularly deepwater oil and gas exploration and production have become an important focus of investment for large international oil companies.The offshore geophysical exploration market is entering a new phase of rapid development.The global technical services market for offshore geophysical exploration continues to expand,and with services in increasingly short supply,there is room for service charges to rise still further.Although the services market is developing into many sectors,it continues to be directed by a small number of large companies.The cost of offshore oil and gas prospecting continues to increase,and demand for equipment is thriving.After 2009,the value of the offshore seismic market will begin to decline,and marine oil and gas prospecting will expand into deeper waters.Construction of seismic vessels will hit a new high,with new contracts providing for long construction periods and construction fees steadily climbing.There will continue to be a shortage of deepwater drilling platforms.On the multi-component seismic market,demand will outstrip supply.Thanks to an increasingly lively trade in offshore natural gas prospecting,technical services for exploration are having to meet new demands.Due to the strongly cyclical nature of the offshore seismic prospecting industry,investment in the offshore geophysical exploration market is expected to decline sharply in 2010.Offshore seismic contractors should be prepared for this eventuality and consider strategies for coping with a sluggish market." @default.
- W2352610995 created "2016-06-24" @default.
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- W2352610995 date "2008-01-01" @default.
- W2352610995 modified "2023-09-25" @default.
- W2352610995 title "New directions and developing trends in the global offshore oil geophysical exploration market" @default.
- W2352610995 hasPublicationYear "2008" @default.
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