David Strahan: Peak oil and the seismic silver lining

The launch of International Hydrographic & Seismic Search Magazine raises an interesting question: have the publishers taken leave of their senses? True, the coffers of their target audience have been swollen by the near-$100 barrel, but the outlook for the global oil industry and economy is darkening by the week. The fate of the oil service sector is ultimately tied to that of the producers, and both IOCs and NOCs are clearly in trouble. In the circumstances, it is reasonable to ask whether hydrographic and seismic contractors


All the evidence now suggests the world is rapidly approaching