Perspective
13 April 2016
Drill-ships and FPSOs: Time to get back to basics
In:
Oil & gas
Region:
Americas, Asia-Pacific, Europe
One country was largely responsible for the emergence of offshore oil services infrastructure as a distinct project finance asset class: Brazil. So, with the Brazilian economy chasing the price of oil down to fresh depths, pain for the sector’s banks and bondholders is likely to be intense.
