We have reviewed and updated our outlook for 126 upstream assets, six LNG assets, four countries and five exploration basins this quarter. The updates incorporating our latest views of cost deflation, project deferrals and revised production forecasts in light of sustained low oil prices. Across the 2016-2022 period, we estimate an additional US$17 billion of capital expenditure has been cut and deferred in Asia Pacific compared to Q2 2016.
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Asia Pacific Upstream Service update - Q3 2016 PDF - 355.36 KB 4 Pages, 0 Tables, 1 Figures
Asia-Pacific Forecast Change Q3 2016 vs Q2 2016.pdf PDF - 166.38 KB
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Insight | Aug 2016
Asia Pacific Upstream Service update - Q3 2016
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