OPERATIONS

UK's bold plan

THE UK's oil and gas regulator has launched an ambitious, counter-cyclical bid to convince industry to invest in capital-intensive enhanced oil recovery to boost the sector at a time when operators and service providers are still slashing costs.

Anthony Barich

Low oil prices and post-Brexit fears remain a challenge, and the industry faces a £50 billion ($A88.5 billion) late-life and decommissioning job ahead for the UK Continental Shelf, but the government...

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