Cost could inhibit Norway's oil production
Washington DC (UPI) Apr 02, 2014 - The Norwegian Petroleum Directorate said Thursday there may be cost inhibitors to developing the remaining reserves on the Norwegian Continental Shelf. "Cost trends in the petroleum industry pose a challenge, both for developing discoveries and for project commitments that can increase recovery from a field," NPD Director Jan Bygdevoll said in a statement. NPD updated its reserve ... more
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