DIVERSITY IS KEY SHIPYARDS LOOK BEYOND THE OIL PATCH FOR NEW WORK

摘要

The high-flying oil prices of 2014 are like a distant memory. It's hard to believe that West Texas Intermediate oil was selling at slightly more than $106.06 per barrel on July 1, 2014. The week of June 27 to July 1 this year, oil closed at $45.80 per barrel. The downturn in oil and gas has been keenly felt in the offshore oil and gas sector-as of July 1, there were only 18 rigs working in the Gulf of Mexico (GOM), down from 29 a year ago. Port Fourchon, which is home to about 250 oil and gas companies and services about 90 percent of the deepwater activities in the GOM, trimmed its rent by 20 percent just to hold onto port tenants.