Tag: deep water

Global offshore drilling market expected to grow $11 billion by 2020

Global offshore drilling market expected to grow $11 billion by 2020

 Africa takes lead with large offshore discoveries in Angola and Tanzania, followed by Europe The global offshore drilling market is expected to grow from $78.6 billionUSD in 2014 to $89.8 billionUSD by 2020, at a compound annual growth rate of 4.54 per cent during 2015 to 2020, according to a new study by Dublin-based Research and Markets. Asia Pacific […]