New report projects bleak future for the North Sea

According to a new report from Oil & Gas UK, investments in the North Sea will be drastically reduced over the coming two years due to the drop in oil prices.
Photo: PR-foto: Statoil
Photo: PR-foto: Statoil
BY RITZAU FINANS

The low oil price means that total capital investment in the North Sea will be halved within two years, warns a new report from Oil & Gas UK, published Wednesday, according to the Financial Times.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading