Gerald Grohmann, chief executive officer of Schoeller-Bleckmann Oilfield Equipment AG, talks with Bloomberg's Rishaad Salamat about drilling for oil in the South Atlantic and other remote locations. "An oil price of at least $70-80 a barrel make this efficient." The next big oil find: Well, the Acrtic region of course. "High technology directional drilling makes this easier and cheaper to do so!"
In a related story:
Falklands Oil Search May Stir U.K.-Argentina Tensions!Bloomberg's John Cookson reports on the search for oil off the Falkland Islands and the dispute between the U.K. and Argentina over the territory. 60 BILLION barrels expected!
No comments:
Post a Comment