offshore drilling

Namibia’s discoveries seen as silver lining: Global drilling costs up but exploration success rate down

High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.
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Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).
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