China Oil, Gas and Chemical Thematic Research_Offshore oilfield services likely to remain buoyant; we prefer COSL

更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 ab 2 January 2025 Global Research China Oil, Gas and Chemical Thematic Research Offshore oilfield services likely to remain buoyant; we prefer COSL Offshore OFS utilisation fluctuated at high level, day rates increased in 2024 With oil prices starting to pick up in 2021, global oil companies have kept expanding capex, sending the oilfield services (OFS) industry as a beneficiary into an upcycle. Global offshore rig utilisation has risen over 2021-24 (annual average utilisation a ...