Statoil’s Tim Dodson shares his insights on the long-term development of Arctic resources.
Oil price threatens to demote the importance of a region already challenged by high costs, environmental concerns and technological obstacles.
The company plans to more than double its oil and gas production from overseas fields in four years.
Two of the key players on the GoM’s conventional shallow-water shelf have shown there’s plenty of life in the play yet.
The oil and gas industry is notoriously slow when it comes to technology uptake. Someone apparently forgot to tell that to the exploration folks.