23 January 2018
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.
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22 January 2018
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.
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22 January 2018
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.
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17 January 2018
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.
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17 January 2018
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...
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12 January 2018
Over $58.5bn will be spent on North Sea’s upstream capex over next three years
GlobalData expects that an average capex of $19.5bn per year would be spent on 568 oil and gas fields in North Sea between 2018 and 2020.
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11 January 2018
Over $54bn will be spent on Brazil’s upstream capex to 2020
GlobalData expects that an average capex of $18.2bn per year will be spent on 382 oil and gas fields in Brazil between 2018 and 2020.
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8 January 2018
Gazprom will continue to drive Russian gas production in 2021
GlobalData’s latest analysis of Russia’s natural gas production predicts that over $55.7bn in capital expenditure (capex) will be spent by Russia-focused operators on gas projects over the next four years...
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8 January 2018
Tyra redevelopment secures future of oil and gas industry in Denmark
The $3.3bn Tyra Future redevelopment project is critical in enabling Denmark to achieve its gas supply requirements while supporting future regional investments and protecting industry jobs.
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8 January 2018
Investment of $83.4bn in top ten offshore gas projects
Over $186bn in capital expenditure will be spent over the lifetime of the top 10 offshore gas projects to produce 299 trillion cubic feet (tcf) of natural gas, according to...