E&P Magazine – Changing the Cost of North Sea Oil

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E&P Magazine - Changing the Cost of North Sea Oil

The North Sea operating environment is going through one of its most challenging periods. The costs of E&P activity are rising, and the region’s aging assets and difficult production environment have led to a decline in operational efficiency.

In the past, Operational Excellence initiatives struggled because they couldn’t close the gaps between theory and operational reality – but this has changed – as is the cost of North Sea oil.