LEADERS IN MARINE SEISMIC SURVEY SUGGEST CONTINUED RECOVERY IN A STILL TOUGH MARKET
February 1st, 2019
RECOVERY in the global marine seismic survey market for oil and gas E&P (exploitation and production) is entering its third year, with the surviving leaders in the sector starting to sound more optimistic after making painful adjustments.
Business intelligence provider Visiongain (London, UK) estimated the value of the global marine seismic acquisition and equipment market at USD5 billion in 2018, far below the USD8 billion it estimated in 2014, but nearly 15% higher than in 2017. This market is set to grow at a compound annual rate of 4.4% over the period ...
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