2018 Jan – Feb M&O Key to Singapore Singapore will stay relevant in the global marine and offshore engineering (M&OE) industry despite the recent headwinds from a prolonged sectoral downturn. In 2018, the oil & gas sector is expected to continue its recovery, as oil majors adapt to the lower oil prices environment and are better positioned to proceed with final investment decisions. Oil & Gas Investment to Revive as Confidence Surges There seems to be light at the end of the tunnel as the industry takes the first few tentative steps out of the oil price malaise, the journey is far from over but at least we are on the road to recovery.
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