Leading Industry Report States that the Eastern Med will Buck Global Trends (Courtesy of DNV GL)

DNV GL RELEASE INDUSTRY REPORT: The East Mediterranean (EM) region has bucked the trend in terms of confidence in industry growth for 2020. According to our survey of more than a thousand senior oil and gas professionals, optimism for growth in the global oil and gas industry has weakened for this year amid uncertainty around the oil price and global economic conditions. However, confidence for growth in the EM has increased, with 80% of EM respondents maintaining confidence compared to 66% globally, compared with 72% and 76% respectively last year.

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