Sailing in choppy waters

Nazery Khalid laments the woes of the offshore supply vessel players in the south-east Asian sector amid the uptick in offshore exploration and production activities in the region

As national oil companies (NOC) and oil majors release capex for offshore exploration and production (E&P) activities and rejuvenate projects on the back of strengthening oil prices, the focus is trained sharply on the offshore support vessels (OSV) sector.