There has been a sharp rise in industry confidence in 2018, according to a new study by DNV GL, a technical advisor to the oil and gas sector. DNV GL’s latest industry outlook report, which surveyed 813 senior industry professionals and executives globally, found that 63 percent of poll participants were confident about growth in the industry this year. This figure stood at 32 percent in DNV GL’s report a year ago. Europe had the most improved outlook for the oil and gas sector, according to DNV GL’s research, up from 25 percent last year to 64 percent, with Latin America at 77 percent (46 percent in 2017) and Asia Pacific at 57 percent (30 percent in 2017). Confidence in North America rose from 49 percent to 57 percent. “A combination of two things have brought confidence back to the industry,” Maria Moræus Hanssen, the newly appointed CEO and […]