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Oil production can still be more efficient, says Statoil
Add BT as a preferred sourcePublished 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.
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