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

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.
Comments (1)
  • 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
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