Oil industry revives quest for deepwater reserves

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Oil industry revives quest for deepwater reserves
10 March 2017, Houston — Deepwater oil drilling can be expensive, time-consuming and a hard sell to investors. But the world’s top energy firms are restarting their search for giant oil fields under the ocean after a two-year lull. A recovery in oil prices to about $50 a barrel from a 12-year low in 2016 […] More »
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