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An average of $34.1bn per year in capital expenditure will be spent on 1,673 oil and gas fields in Russia between 2018 and 2020, according to GlobalData.
GlobalData’s latest report indicates that a total of 30 oil and gas discoveries were made in the third quarter of 2017.
The upstream sector reported 194 awarded contracts in October 2017.
GlobalData’s latest report, ‘Monthly Upstream Deals Review – October 2017’, shows that a combined value of $7.9bn in mergers and acquisitions (M&A) were announced in the upstream sector in October...
GlobalData’s latest report, “Monthly Global Upstream Review, September 2017 - Surge in Global Production Outlook” indicates that during the 2017–2021 outlook period, the global oil and gas production is expected...
Statoil, Lundin, Eni and OMV have been increasing their efforts in the Barents Sea, with the Norwegian government recently stating the region holds the largest undiscovered resource potential in the...
GlobalData’s latest report, ‘H2 2017 Global Capacity and Capital Expenditure Outlook for LNG Liquefaction Terminals - Floating Terminals in Congo Republic and PNG Announced Amidst Project Cancellations in US and...
As Exxon Mobil Corporation’s Liza project moves into the development phase, the challenge for the Guyanese government is to strengthen the regulatory framework and put in place a regime for...
On 26 April the Lebanese Petroleum Administration (LPA) announced the results of the second pre-qualification round for the country’s first offshore licensing round, which was re-launched in January after its...
Angola, as part of the arrangement with Opec (the Organisation of the Petroleum Exporting Countries) members, agreed to reduce production by 78,000 barrels per day (bd), to a maximum of...
