The Arctic exploration frontier
The Arctic region holds large reserves of undiscovered, technically recoverable oil and gas. Exploration and drilling challenges exist due to harsh conditions and environmental concerns.
The Arctic region holds large reserves of undiscovered, technically recoverable oil and gas. Exploration and drilling challenges exist due to harsh conditions and environmental concerns.
The short-term outlook for the offshore oil and gas industry has become more difficult to predict than ever. The last few years saw an unprecedented boom in activity but there is now uncertainty and, in some quarters, despondency.