Latin America investment and cost trends: long-term impacts of the downturn

Despite slowing its pace of development in recent years, Latin America's offshore sector will play an increasing role in liquids supply over the next decade. In this insight, we analyze the impacts of the downturn in upstream investment across Latin America, how opex trends have evolved and how offshore projects in Brazil and Mexico will impact the region's investment profile. This is part of Wood Mackenzie's 2017 series of regional cost insights, focusing on capital and operating expenditure trends in the global upstream industry. Please look out for our coverage of other regions and global highlights.