Offshore drilling makes comeback
with increased spending, activity
Offshore drilling makes comeback with increased spending, activity
By David Wethe and Rachel Adams-Heard on 3/27/201
HOUSTON (Bloomberg) -- After years in the shadow of the U.S. shale patch, deepwater explorers from Royal Dutch Shell Plc to Talos Energy Inc., along with contractors such as Ensco Plc and TechnipFMC Plc, told investors at the Scotia Howard Weil Energy Conference in New Orleans this week they see a revival coming. That was a stark contrast to a subdued outlook for shale at the event.
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