Page 29: of Maritime Reporter Magazine (November 2019)
Workboat Edition
Read this page in Pdf, Flash or Html5 edition of November 2019 Maritime Reporter Magazine
28
30
WORKBOATS THE OSV MARKET
OSV
Market
Which way is Up?
The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an eco- nomic slowdown – whether cyclical or in- duced by a trade war – have weighed heav- ily on oil prices, even in the face of reduced production by the big producers. Though storm clouds persist, there appears a clearing on the horizon
By Barry Parker
Photo courtesy Ulstein Group/Marius Beck Dahle www.marinelink.com 29
MR #11 (26-33).indd 29 10/29/2019 10:10:49 AM
