Oil and Gas News
2020: A Year Like No Other with a Mixed Outlook for Subsea
On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices, Brent troughing at $23/b – the indicators were all pretty grim. The scary thing is, it could have been worse. But there is light at the end of the tunnel.