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US offshore oil production to revive
Sept. 10, 2018
Source: Energy Voice

US offshore oil production to revive

Offshore oil production has given hopes to the Houston- based and many other energy companies to restart their hindered deepwater projects. The offshore production has indicated improved oil prices and efficient operations. Recovery regions of the sector include Scandinavia, West Africa, Southeast Asia, and Latin America. Increasing new discoveries in these areas and lower cost of production has attracted the companies who are looking to make money outside shale.

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