Major oil projects start again

ArticleEnergyJanuary 24, 2018 - 3:41:48 AM

Rising oil prices are helping shrink a backlog of delayed drilling .

From production vessels tapping Brazil’s deep-water reserves to pipes connecting rigs to underwater wells in China, the number of ventures that received final financial approval after a delay grew to 18 last year, according to a report by consultant Rystad Energy...

Source:bloomberg.com

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