Oil majors scale back start-ups

摘要

Statoil and its partners have decided to delay the production start-up date for the $7bn Mariner oil field, which is located in the UK North Sea, from 2017 to the second half of 2018. The news follows Shell's decision to halt construction of the 80,000 b/d Carmon Creek project located in Alberta, Canada. The Statoil and Shell project delays mark the latest in a line of reduced upstream investment from energy companies, reports Reuters. In its financial results for 3Q2015, BP stated that it intends to agree between $3bn-$5bn in divestments next year and $2bn-$3bn a year thereafter.