ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Statoil boosts exploration amid cheapest drilling in years
Bloomberg Statoil ASA, one of many international oil companies to slash spending during crude’s collapse, is increasing exploration for the first time since 2013 as cost cuts and lower fees from squeezed suppliers allow it to get more work done for less. Statoil plans about 30 exploration wells as an operator or partner in 2017, up from 23 last ...
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