Friday August 2, 2019 1. Shale hit, offshore growing- Employment is shrinking in the U.S. shale sector, but growing offshore. - “This is a clear effect of the increase in offshore sanctioning. We expect offshore commitments to nearly double from 2018 to 2020, and sustain high levels of spending over the next five years,” says Matthew Fitzsimmons, vice president on Rystad Energy’s oilfield services team. - Demand for offshore oil services will reach $442 billion by 2025, according to Rystad Energy, up 45 percent from 2018. - Meanwhile,…
