The expected rise in costs for this year haslargely been pushed out to 2015, with 2014 expected offshore and onshore costspushed significantly down on a previous guidance, industry analyst IHS Energysaid.
“Upstream capital costs, as measured by theIHS Energy Market Survey System (MSS) cost indices, were slightly downyear-on-year in the fourth quarter of 2013, but gained quarter-on-quarter,” itsaid.
The MSS offshore index fell 0.7%
