... to allay most of these difficulties by hiring a contingent of highly skilled and experienced personnel. The rates charged in the contract are referred to as "day rates" and represent the con- tractors total compensation for all operating costs, capital invested and profits. Economics The business is highly...

... Asian investment capital requirements for petroleum have been estimated by any number of sources to range up from $20 to $30 billion in the decade ending in 1987, and the offshore supply and service industry's real growth is expected to average from 6% to 7% Per year as a result of this spending...

... these geological opportunities exist, not only the circumstances within the region, but also the extra-regional influences which have a bearing on the available risk capital. This discussion is an attempt to quantify some of those economic factors and to look at the relative changes in government legislation...

... generally have produced a degree of pressures in developing countries generally have produced a degree of competitive demand for the limited capital and technical abilities available worldwide within the industry. The cumulative effect of changes in the economic base of the oil industry, both in terms...