Subscribe to RSS feedRising price of oil leads to development resurgence
by
Martyn Wingrove
—
last modified
Jul 13, 2010 10:43 AM
FPSO owners will have to work hard to supply enough vessels as the sector hots up, writes Martyn Wingrove
OIL COMPANIES will order another 34 floating production storage and offloading vessels from owners or shipyards in the next two years to develop fields in the Atlantic, Asia and off Europe.
A resurgence in oilfield development planning this year means...
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