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Offshore costs continue to fall
Offshore developments have benefited significantly from lower break-even prices over the last four years, which have been achieved through downsizing, simplification, re-design, high grading effects, unit prices and currency gains, write Aditya Ravi, Senior Analyst, and Lars Mikkel Reiersen, Analyst, Rystad Energy.
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- Journal title: Petroleum Review
- Publisher: Energy Institute
- Subjects: Offshore production - Oil and gas - Economics, business and commerce - Subsea -