Oil rigs across south east Asia are being mothballed
The plunge in the price of oil can be seen at the docks in Singapore, where unused oil rigs are being prepared for storage.
Of the more than 180 oil rigs in Southeast Asia, less than half are in operation.
But as Ali Moore reports from Singapore reports, rigs ordered before the slump in oil prices are still being built while the oil price collapse continues to kill off projects that are no longer economically viable.
24 Feb 2015
- From the section Business