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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
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.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Subjects: Economics, business and commerce, Oil and gas, Offshore production, Subsea