Cost of Field Development Projects to Decline 12-13 Percent Year-On-Year in 2009
Oslo (ots/PRNewswire) - ODS-Petrodata has recently revised its MSS Cost Index for field development projects based on a worsening outlook for the global economy, commodity prices and contractor margins. Global field development and pipeline construction investment, not including drilling, is expected to decline by 15 percent in 2009 relative to 2008, ...
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