Deep-water spend seen down 35%

Spending on deep-water oil and gas projects is expected to fall by 35% to $137 billion between 2016 and 2020, according to research by UK-based consultancy Douglas-Westwood.

Delays: more projects, like Bonga SW, seen delayed
Delays: more projects, like Bonga SW, seen delayed
Published 9 March 2016, 20:30Updated 18 October 2016, 05:01