DNV survey highlights uncertain energy backdrop

More than half of the nearly 450 senior oil and gas professionals who took part in a recent DNV survey on the global energy business believe that global investment in new oil and gas capacity is currently running below requirements.

The findings of the survey are important for many, not least the growing number of tanker owners who have rediscovered their cheque books and signed up for new crude oil tankers since the start of the year.

The pace of new contracts has confounded many observers, particularly since the latest generation of tankers is costing at least 40-50% more than the beginning of the decade. But these bold owners are clearly confident that there will still be plenty of work for their new boats during the next two decades and beyond.

Find out more in our latest article here.