In squeezed oil industry, some rethink hunt for new barrels

FILE PHOTO: An oil rig off the coast of Johor, Malaysia November 7, 2017. REUTERS/Henning Gloystein/File Photo

LONDON (Reuters) – New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business. Central to this new strategy are efforts to find an ally earlier in the process of discovering new fields, and on a larger scale, in […]

Continue reading this article with a Fiji Times online membership.

More Stories