Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
The effect of the continuing credit crunch last summer meant that North Sea field development activity was down last year, but the steadying of the price this spring has led to projects being dusted off in both the UK and the Norwegian sectors…
Border disputes, political upheaval and environmental concerns have helped keep offshore E&P in Central America mostly at bay. But activities offshore Nicaragua could signal a change in direction for some countries in the region. Russell McCulley reports…