HomeMagazine2014April 2014, Vol. 241 No. 4European Offshore Pipe Industry Set For Recovery

April 2014, Vol. 241 No. 4

Features

European Offshore Pipe Industry Set For Recovery

The European outlook for the offshore pipe industry in 2014 is positive, according to a recent study conducted by Tata Steel. The study, conducted by Europe’s second-largest steel producer, points to high energy demand from Africa, Asia and BRIC (Brazil, Russia, India and China) nations which will continue to drive offshore developments. The study highlights the growth in deepwater developments in Africa and Europe as signs that the offshore pipe line industry is set to continue its recovery. Richard Broughton, commercial manager for the pipe lines division of Tata Steel, said: “While it is undeniable that the economic recovery has been sluggish and as a consequenc

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