'Big cash splash' forecast in deep

Taking plunge: oil companies in deep water despite technological challenges

Oil majors may be putting the brakes on capital spending due to higher costs but energy analysts believe the push to exploit deep-water resources will support heavy development expenditure in the longer term.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login