Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Costs reportedly are ballooning for several Norwegian field development projects as the tight...

  • Wednesday, October 10, 2012, 2:35 PM ET
    Costs reportedly are ballooning for several Norwegian field development projects as the tight supply market takes its toll on budgets. Talisman Energy's (TLM) stalled Yme project faces a 188% cost overrun, BP is confronting major cost challenges to its Skarv and Greater Valhall projects, and Eni’s (E) Goliat field shows a 20% cost increase.
Track new comments on this story

This news story has 1 comment:

  • The cost of the marginal oil barrel continue to creep up, this is why oil prices can't decline too much, the era of cheap oil is over.

    Regards,
    Nawae
    10 Oct 2012, 02:42 PM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)