The credit crunch and plummeting oil price have cast a shadow over the region, with a few companies going into receivership and the postponement of some projects. The oil price has recovered from a low of $34 last December, but the price outlook in the short-term remains uncertain. Oilexco North Sea was an early casualty this January after its banking syndicate said it would not provide further financing for its North Sea operations. It has been bought by Premier Oil.
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机译：信贷紧缩和油价暴跌在该地区蒙上了阴影，一些公司开始破产，一些项目也被推迟。油价已从去年12月的低点34美元回升，但短期内价格前景仍不确定。 Oilexco North Sea今年一月初是人员伤亡，此前其银行集团表示将不为其North Sea业务提供进一步的融资。它已由Premier Oil购买。
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