Continued increase in the level of activities in the offshore oil and gas and marine industry
- Drivers of demand for offshore support services such as new shipbuilding, repairs and maintenance of vessels
- Higher crude oil and natural gas prices
- Onshore oil and gas fields are maturing or close to being exhausted
- Further fueled by the industrialization and economic growth of China and India
Growth in new markets
- New markets growing in areas such as Indonesia, Malaysia, Vietnam and China
- Due to proximity to major oil and gas resources
