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Energy Voice | Against all odds, North Sea proves resilient to oil-price slump – News for the Oil and Gas Sector

Oil producers in the North Sea were supposed to be among the first victims of OPEC’s battle for market share. Instead their high-cost, decades-old facilities are proving surprisingly resilient to the price slump. Crude oil and condensate output is likely to continue rising in the U.K. North Sea until 2018 as projects that were sanctioned …

Source: Energy Voice | Against all odds, North Sea proves resilient to oil-price slump – News for the Oil and Gas Sector

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Categorised in: Culture and Society, Oil and Gas Production

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