Summary:
- The article discusses the latest weekly report from Esgian, an energy intelligence company, which shows that contracting activity in the offshore oil and gas industry has slowed down in the past week.
- The report indicates that the number of new contracts awarded declined compared to the previous week, with a focus on subsea equipment and services contracts.
- The article suggests that this slowdown in contracting activity may be due to the ongoing economic and market uncertainties, which are impacting the offshore oil and gas industry.