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3rd Annual Offshore Rankings – Management Matters

Tell us the price of oil and we can, generally, gauge the performance of the offshore players. The relationship is not unexpected and the correlation high. Generally speaking, with higher oil prices, the margins are sufficiently rewarding for oil companies to engage in exploration and production (“E&P”) creating demand for drilling equipment and ancillary services.

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Written by: | Categories: Marine Money, Offshore Rankings | August 1st, 2011 |

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