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Mackay: offshore capex to slow in 2009, as opex grows.(Brief Article)
Publication: Oil and Gas Investor Publication Date: 01-SEP-05 Author: Lyle, Don
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COPYRIGHT 2005 Hart Publications, Inc.
Spending off the coasts of North and Central American countries peaked at $31.9 billion in 2004 and will decline slowly to $26.4 billion in 2009 as operators spend less on capital development and more on operating, according to a new report from Mackay Consultants, a Scottish firm.
Worldwide offshore...
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