Exxon, Apache upbeat on aging North Sea

摘要

Aberdeen—ExxonMobil believes shale drilling methods could be transferred to unlock new North Sea resources while US independent Apache remains committed to its UK offshore assets despite its growing focus on US shale, according to executives from the companies. The comments, made on the sidelines of an oil industry conference in Aberdeen last week, come as a number of North American companies have been reevaluating their commitment to the high-cost Norwegian and UK offshore, fuelling fears that a labyrinthine UK fiscal system is uncompetitive.