Is the barrel half full or half empty?
THE shifting economic climate has created a toxic mix for the North Sea oil and gas industry.
THE shifting economic climate has created a toxic mix for the North Sea oil and gas industry.
The administration of Oilexco North Sea Limited (ONSL) earlier this year marked a milestone for the oil&gas industry as ONSL was the first major oil exploration, production and development company to be rescued out of an insolvency process.