GlobalData’s latest research on upstream crude oil production predicts that over $39.2bn in...
- Offshore fields to account for nearly half of Exxonmobil’s crude production in 2021
- Over $22.5bn will be spent on Australia’s upstream capex over next three years
- Offshore fields account for 65% of Total’s gas production
- An ocean of opportunity or rough waters ahead? The outlook for Oil & Gas in 2018
- Alcatel Submarine Networks wins Johan Sverdrup PRM contract
Offshore fields to account for nearly half of Exxonmobil’s crude production in 2021
GlobalData’s latest research on upstream crude oil production predicts that over $39.2bn in capital expenditure (capex) will be spent by ExxonMobil on oil projects over the next four years to ensure that its production remains around 2.1 million barrels per day (mmbd) in 2021.
Offshore to account for 60% of Shell’s crude and condensate production in 2021
GlobalData expects that Royal Dutch Shell’s liquids production will grow to 2.1 million barrels per day (mmbd) by 2021.
Over $22.5bn will be spent on Australia’s upstream capex over next three years
GlobalData expects that an average capex of $7.5bn per year will be spent on 454 oil and gas fields in Australia between 2018 and 2020.
Offshore fields account for 65% of Total’s gas production
GlobalData expects Total’s natural gas production to grow to 5.5 billion cubic feet per day (bcfd) by 2021.
An ocean of opportunity or rough waters ahead? The outlook for Oil & Gas in 2018
There has been tentative recovery in the oil price and glimmers of increasing activity for the global offshore oil and gas sector in 2017 – but should the industry remain positive heading into 2018? Heidi Vella speaks to industry analysts to find out what’s in store for the year ahead.
Cutting-Edge Pumping Solutions for the Oil and Gas Industry
Sulzer, with 180 years of experience and expertise, is a world leader in the oil and gas industry. We provide state-of-the art pumping solutions for oil and gas production, transportation, refining, and petrochemical processing.
Innovative Cleaning and Waste Management Solutions
Formed in 1985, Sureclean is an established international service contractor providing specialist and innovative solutions to the oil & gas, petrochemical, renewable, utilities, civil engineering and construction sectors.
Alcatel Submarine Networks wins Johan Sverdrup PRM contract
Alcatel Submarine Networks has secured a contract from Statoil for permanent reservoir monitoring (PRM) services at the Johan Sverdrup field in the Norwegian Continental Shelf.
Licence expiries threaten 460,000bd of production in Nigeria
Open licensing of Oil Mining Leases (OMLs) started in the early 1990s in Nigeria, with terms offered between five and 20 years.
EastMed pipeline provides viable route for stranded gas in Mediterranean
The proposed Eastern Mediterranean Natural Gas (EastMed) pipeline spans 1,300 kilometers (km) (808 miles (mi)) offshore and 600 km (373 mi) onshore, starts in Israel and has exit points in Cyprus, Crete and Greece.
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