Hi 1DM
Good question on market share splits, I'm unsure but would be great data to review.
CRP just announced a large contract (refer below link). Hopefully WE can start announcing some wins in the next month or so. We've got plenty of runs on the board this FY so would be great to keep the momentum up.
'Substantial contract' win for CRP Subsea at Brazilian oil field - Offshore Energy (offshore-energy.biz)
Below is a shipping update, but highlights that O&G industry remains strong.
Clarksons: 2023 a positive year for shipping as China delivers 50% of shipbuilding output - Offshore Energy (offshore-energy.biz)
"The offshore oil & gas markets continued to strengthen, with the Clarksons Offshore Index (tracking OSVs, rigs and subsea vessels) rising to the highest level in over 15 years; offshore wind markets had a more mixed 2023 suffering from some inflation pressures and project delay, but the underlying longer-term outlook for wind still remains positive"
DYOR.
Hi 1DMGood question on market share splits, I'm unsure but would...
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