The oil price helps North Sea

Quinlan, Martin

The oil price helps North Sea - 3 p.

Once again, predictions of the demise of the North Sea oil and gas province have been proved wrong. The statistics for 2004 show a mostly mature, but busy area, with high oil prices supporting incremental developments at older fields and a number of new-field developments. Increasingly, projects are being led by the new breed of specialist operator.


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