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Marginal oil fields worth 40bn to UK
2014-08-02 22:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Scotsman: The North Sea could hold more than 40 billion of "unforeseen" oil revenues in fields which were rejected for development but could now be exploited with the latest exploration and recovery technology. The fields in the UK continental shelf could create 2,500 jobs and 26bn of investment, as well as giving the national economy a much needed boost, a report by analysts at RMRI Consulting has found. There has not been a significant oil field discovered, holding hundreds of millions of barrels,...
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Category:Electronics and Electrical