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Danish American Chamber of Commerce Southwest

DACC was co-sponsoring above event, which took place Friday 10th Oct., at the Houstonian, arranged by the

Consulates / Embassies of: Norway, Brazil & South Korea

Conference had 214 registered attendees focusing on Funding, Safety, Labor Market/pool & New Technologies

& Designs in the business


A couple of notes:

- In 2008 90& of Offshore was bank financed – today only 50% is bank financed (balance is private equity among other)

- Currently the Offshore sector has $100 billion of unfunded new-buildings & and estimated $1.3 trillion of funding is need

over the next 10 years

- Petrobras is planning on investing $250 million over the next 5 years

Several interesting speakers incl., Christine Engle, CEO of Maersk Drilling USA, whom spoke about Maersk’s

success in their business culture

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Posted by Anna-Louise Plougmand October 13, 2014 Categories: Conference


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