By Rod Nickel and Sabrina Valle (Reuters) - Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in s.
Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast. Surging oil prices are encouraging the investments, along with Europe's mounting energy demand as the Ukraine-Russia war drags on. Offshore production sites
By Rod Nickel and Sabrina Valle (Reuters) - Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in s.
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