Sea Change Costs Mount for British Offshore Production
The UK’s North Sea crude production is waning, racking up both opportunity costs and an estimated £15 billion bill for the decommissioning of offshore infrastructure.
Sea Change China Wants In On LNG Ship-Building
While South Korea and Japan currently build most of the world’s liquified natural gas (LNG) ships, China hopes to produce one-fifth of the world’s growing fleet over the next six years.
Sea Change India Playing Nicer with Neighbors Than China
India recently dropped a disputed claim to waters along its border with Bangladesh in the Bay of Bengal. Both countries hope that resolving the dispute will jump-start oil and gas development in the region.