Page 24: of Offshore Engineer Magazine (Aug/Sep 2014)

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However, this is a low-case view, as Petrobras’ huge debt and However, this is a low-case view, as Petrobras’ huge debt and delays to newbuilds means that their deepwater plans are delays to newbuilds means that their deepwater plans are unlikely to be carried out in their entirety. unlikely to be carried out in their entirety.

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Elsewhere in Latin America, Mexico’s 2013 energy law reforms will undoubtedly lead to a host of opportunities for IOCs – with

Analysis

OE’s at-a-glance guide to o

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