By Arathy Somasekhar

HOUSTON, May 5 (Reuters) - Oil prices below $50 a barrel

could hurt final investment decisions on offshore projects,

oilfield services company Weatherford International's ( WFRD )

CEO Girish Saligram said on Monday.

Plans by the producer group OPEC+ to raise output and U.S.

President Donald Trump's tariff policies have pushed U.S. crude

oil prices down to over four-year lows to around $57,

worrying investors of production shut-ins.

Offshore production has remained a rare bright spot as

investments are longer cycle, unlike shale.

"If we see prices sustain below $50 a barrel, I think it

could create a little bit of a lull for some of the new final

investment decisions," Saligram said on the sidelines of the

Offshore Technology Conference in Houston.

Projects that are already underway are unlikely to be

impacted as companies have thought through different commodity

price scenarios, Saligram added.