{
  "id": 215666,
  "title": "Westwood Insight – Offshore Field Development Capex to Reach US$137bn in 2026",
  "url": "https://urgent.news/2026/08/06/westwood-insight-offshore-field-development-capex-to-reach-us-137bn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-06T10:00:29.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/westwood-insight-offshore-field-development-capex-to-reach-us137bn-in-2026/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Global offshore field development capex is forecast to reach US$137 billion in 2026 as operators double down on long-cycle projects. Despite geopolitical disruption and oil price volatility, operators have remained committed to long-cycle offshore developments, particularly deepwater and floating platform projects. Although contracting activity started slowly in early 2026, both the floating…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}