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UK to enjoy boom in North Sea investment
The UK is expected to benefit from an increase in North Sea investment as oil and gas companies will spend at least £13 billion in 2013. What is interesting is the fact that 2013 North Sea spending is estimated to reach its highest level in 30 years. The Oil & Gas UK, which is the industry trade body, also informed that companies would invest up to £100 billion in UK waters, which would have an immense impact on the economy.
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Statoil
Optimizing Increased Recovery An international energy company with operations in 34 countries, Statoil is founded on more than 35 years of experience from oil …
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BP stakes in North Sea gas fields up for sale
In a major attempt to focus on operations in the central and northern parts of the oil-rich region, British Petroleum has announced plans to …
