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Oil production can still be more efficient, says Statoil
Published Thu, Sep 8, 2016 · 09:50 PM
Singapore
THERE are still additional efficiency gains that can be made in producing oil, said Statoil, the third-largest net seller of crude oil in the world.
Such sentiments, if shared across other large oil producers, imply continued hardship for oilfield services players.
"We think this is an indust…
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