Sentences with phrase «drilling industries struggle»

With the growing appetite of China and India, oil drilling industries struggle to cope up with the demand.

Not exact matches

Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projects.

It appears that the primary reason for the spin - off was that Pride wanted to exit the struggling shallow water drilling business in the GOM and increase its focus on the floating and deep water drilling segments where Pride «believes the best long - term growth prospects reside in the offshore industry.»