$DRIP Interesting, North Sea oil is now too expensive operate. “At low prices, fields are quicker to reach the end of their economical lives,” Professor Kemp told Evening Express. “Although that means decommissioning costs may be lower, we are still facing an extremely difficult period for the industry,” the economist noted. Commenting on the study, the leading industry association of the UK offshore industry, OGUK, said via market intelligence manager Ross Dornan: oilprice.com/Energy/Crude-O...
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