TITLE

HIGH RISK, HIGH REWARD

AUTHOR(S)
Parsi, Novid
PUB. DATE
October 2015
SOURCE
PM Network;Oct2015, Vol. 29 Issue 10, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article mentions that Arctic oil drilling projects face remote and harsh terrain, regulatory hurdles and environmental activists, along with low oil prices that complicate the business case for such high-cost projects. Topics include the Arctic holding the last remaining big discoveries of oil but they are the hardest, costliest and riskiest to develop. Also mentioned are the Arctic projects of Royal Dutch Shell, Eni and Statoil and project teams' challenge of managing many contractors.
ACCESSION #
110038510

 

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