The offshore sector's activity level is approaching that of 2014 before the oil crisis, assesses Rystad Energy.
Led by Saudi Aramco's expansion in the Marjan and Berri projects, the sanctioning of new projects has so far surpassed USD 50 billion in 2019, edging close to the USD 78 billion record-level from 2014, a time when a barrel of oil cost USD 100.
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