EXPLORATION

Rig use in Southeast Asia set to fall 18%

Woodside's Myanmar project set for delays: Rystad

 Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline.

Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline.

  Announcements from junior, midcap and major explorers cutting spending have been fast flowing over the past month, as the oil price crashed to the mid-US$20s on the back of the last OPEC+ meeting...

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