Increase investment by oil reserves in deep waters

Despite the low of last week, the recovery in oil prices – which had minimum for 12 years – for the price of about $ 50 per barrel, has raised the interest of major oil companies in the oil fields in deep waters, according Reuters.

While drilling in these areas is more expensive, take longer and present sales of difficulty for investors, the world's leading energy companies are resuming their search for these fields, and believe that the reduction in offshore production costs have the potential to compete with US shale oil.

In 2014, large companies specialized in offshore, reduced their budgets after the plummeting oil prices, the cuts were so high that the International Energy Agency (IEA) warned of the looming supply crisis in 2020. However, it seems that the industry is really interested in overcoming the shale and, therefore, is resuming its investments in the area.

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