Description
Mr. O'Leary will present a review of the challenges facing the energy industry and the business drivers that impact drilling activity along with the current status of the offshore drilling market and future trends by detailing:
- our expanding energy needs and the forecasted “peak” of hydrocarbon production;
- the world economic outlook and the struggle to maintain supply security;
- the worldwide offshore fleet composition and utilization;
- the consolidation trends among contractors and operators;
- the increasing importance of state-controlled oil companies;
- the current market outlook with a focus on deepwater;
- the current deepwater fleet; and
- the impact of new technologies