OPERATIONS

Recovery gathers pace

NORWEGIAN-based consultancy Rystad Energy says its review of global projects suggest the urgency to develop new oil and gas resources is starting to break through company’s reluctance to commit to developments in the face of stagnant and uncertain energy prices, but it says the worst is not over.

Recovery gathers pace

The company, which has been tracking final investment decision delays since the current downturn started in 2014, says that more delayed projects have been sanctioned to date in 2017 than during the entirety...

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