April 2019, Vol. 246, No. 4

Offshore & Gulf of Mexico Report

Growing Offshore Activity Creates Infrastructure Demand

By Jeff Awalt, Executive Editor An operator on board BP’s Cassia A and Cassia B platforms, offshore Trinidad and Tobago (Photo: BP) Growing offshore exploration and production activity at locations around the globe is creating stronger demand for construction of pipelines and subsea infrastructure. The offshore recovery is proving resilient to recent market swings, thanks to technology and operating efficiencies that E&P companies developed to lower breakeven costs in response to the market downturn. While these efficiencies may come, in part, from greater utilization of existing infrastructure or development plans with fewer phas

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