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Operators holding back investments, reducing drilling – Total MD

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Operators holding back investments, reducing drilling – Total MD
The Managing Director/Chief Executive of Total Exploration and Production Nigeria Limited, Nicholas Terraz, says the current challenging economic environment is making operators in the industry to defer investments and minimise development drillings. He said the situation was being aggravated by funding challenges for the joint ventures as well as low oil prices. Terraz, who spoke […] More »
Operators holding back investments, reducing drilling – Total MD Operators holding back investments, reducing drilling – Total MD Reviewed by Crude Oil Facilitators on 18:42 Rating: 5

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