(Reuters) - Surging costs in the oil services industry could delay Total's decision to launch a new multi-billion dollar ultra-deep offshore oil field project in Angola, executives at the French energy giant said on Thursday.
"We have seen on Pazflor, like on many other projects, costs that are considerably higher than what we anticipated," Yves-Louis Darricarrere, head of the group's exploration and production activities, told Reuters.
Read more at Reuters Africa
"We have seen on Pazflor, like on many other projects, costs that are considerably higher than what we anticipated," Yves-Louis Darricarrere, head of the group's exploration and production activities, told Reuters.
Read more at Reuters Africa
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