UK, Kuwait, Canada offer the best profit conditions for big offshore fields, Rystad says
Following a disappointing 2020, when the pandemic caused sanctioning of offshore projects to dip to $44 billion from $99 billion the year before, offshore sanctioning is expected to rebound to at least $56 billion in 2021 and keep rising to as high as $131 billion in 2023, according to Norwegian intelligence firm Rystad Energy.