With project activity around the globe set to ramp up and all indicators pointing to a sustained healthy oil price, 2013 looks set to be a promising year for oil and gas.
In a macro-economic climate where uncertainty has been one of the few constants since the financial crisis began in 2007, one thing is clear: we are living in a changed global economy.
Aker Qserv, the Portlethen-based company whose principal activity is oil field services both onshore and offshore in the UK and globally, says in its annual report for 2009 the year was challenging.
International energy service group Hunting said yesterday that, despite current events in the Gulf of Mexico (GoM) and sluggish natural gas prices, its overall trading in the first half of 2010 had been very positive.