Saturday, October 07, 2017 7:08:07 PM
The work is out there Mr. Christmas tree
Major oil fields, such as the Ghawar Field in Saudi Arabia, are running out. These fields represent millions of barrels in production that will need to be replaced.
Deepwater oil has recently become economically and technically feasible. As a result, deepwater production is expected to grow by 250% from now until 2030.
I recommend investors look to offshore drillers such as Noble Corporation and Ensco to take advantage of the growing deepwater markets.
Recent KLNG News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/06/2024 08:05:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:05:14 PM
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