Between a persistent pandemic’s assault on fossil fuel demand and an epic storm season, the Gulf of Mexico seems to have been cast into some kind of ecclesiastical time warp this year.
Yet, even as 2020 mercifully wraps up, most agree it will be at least mid-2021 before a clearer picture emerges on the how the offshore sector will shake out after a chaotic year that saw budgets slashed, projects deferred, more bankruptcies, and offshore service vessels (OSV) sidelined at its highest clip in two...
https://www.workboat.com/news/offshore/distressed-gulf-of-mexico-looks-to-mid-2021/