Industry News
Downturn heightens risk of decommissioning liabilities ‘boomeranging’
More oil and gas companies are at risk of being left to pick up a defunct partners’ decommissioning liabilities due to this year’s downcycle, new analysis indicates.
Boston Consulting Group (BCG) said the number of bankrupt operators had risen to 60 from 25 globally in the last year.
Photo credit: Energy Voice
