Offshore services firm Subsea has secured a ‘sizeable’ contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) ...

( MENAFN - GlobeNewsWire - Nasdaq) Luxembourg – 30 December 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Turkish petroleum Offshore ...

The logic was largely based on Chinese demand. Oil prices at $100 a barrel were not surprising in 2007 and 2011 given the explosive growth at the time in the Chinese economy. But the Chinese economy ...